CPI Inflation Data Cools As Expected, May Keep Fed Rate Hikes On Hold (Live Coverage)

Consumer price index data largely matched expectations of a retreating inflation threat but may keep alive the possibility of a Federal Reserve rate hike in September following Friday's weak July jobs report. After the CPI, odds of a tightening slipped further below 50%. Technology goods were among the categories seeing firmer prices, thanks partly to Apple (AAPL).