Consumer prices rose 2.7% in July compared to a year ago, clocking in lower than economists expected. The reading defied fears of further price increases as a result of President Trump's tariffs. https://abcnews.visitlink.me/SKIrfa ––– Subscribe to ABC News on YouTube: https://abcnews.visitlink.me/59aJ1G ABC News is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage. Download the ABC News app for the latest headlines and alerts: https://