U.S. July CPI 17-year record high of U.S. Federal Reserve interest rate increase is expected to increase.

<P> Recently released U.S. government data showed, by food, energy, air and clothing prices push U.S. July consumer price index (CPI) increase over the same period to reach the highest level in 17 years. .</ P> <P> 7 月 CPI year on year rise 5.6% </ P> <P> U.S. Department of Labor recently announced the previous July CPI rose 0.8%. .Prior to June's CPI increase of 1.1%. .July, which excludes food and energy, core CPI rose by 0.3% straight month. .Dow Jones survey of economists expect the overall CPI in July rose 0.4%, core CPI rose 0.2%. .</ P> <P> 7 月份 CPI rose by 5.6%, the highest since January 1991 the highest level. .Core CPI increased a more modest 2.5% a year earlier, but still higher than the 1.5% -2% of the U.S. Federal Reserve Board (Fed) long-term goals. .</ P> <P> report, July 4% of U.S. energy prices, gasoline prices rose 4.1%, natural gas prices rose 7.4%, food and beverage prices rose 0.9%, medical care prices rose a slight 0.1%. .It should be noted that the price of other core industries have soared, suggesting that the rise in headline inflation may have started to spread in other areas of the U.S. economy. .</ P> <P> In addition, U.S. apparel prices in July rose 1.2% last month, the highest increase in 10 years. .Transportation prices rose 1.7% compared with June, ticket prices rose 1.3%, reflecting the rise in fuel prices. .New car prices edged up 0.2%, reflecting the decline in demand. .In the CPI index, accounted for 40% of the total housing prices in June rose 0.6%. .Rents rose 0.3%. .</ P> <P> Fed "focus" inflation </ P> <P> the Federal Reserve announced on August 5, for 2% of the federal funds target rate, which commercial banks overnight call rate unchanged. .</ P> <P> the Fed said in a statement, the U.S. economy remain downside risks, and the upside risks to inflation and the Fed another "significant concern." .It should be noted that judgments about inflation, the Fed's wording of the 5th statement stronger than the last. .Said in a statement: "As early energy and other commodity prices, inflation is already high, and some indicators of inflation expectations also rose ... ... Open Market Committee will also focus on upside risks to inflation." </ P> <P> Analysts .pointed out that as energy and commodity prices retreated this month, and the dollar began to strengthen, in July's CPI report is not likely to make Fed officials to raise interest rates in the short term, because the U.S. economy still faces rising unemployment and a slowdown in consumer spending .difficulties. .</ P> <P> Although the core CPI rise, but market is still widely expected, the Fed this year will continue to maintain official interest rates unchanged. .If the next few months, the core CPI continues to rise, the market expects the Fed will raise interest rates later this year. .</ P>.