Inflation held steady in July

Christine Romans joins us now to help us break it all down. And Christine, the question we keep asking you, have we felt the effects of the trade war yet. >> Yeah, you know, July inflation was stubborn, but not as bad as many economists had expected here, Tom.Lower gas prices really helped keep the number under wraps, but strip out volatile food and energy prices and inflation 3.1%. That's still above normal. So far, many companies have been absorbing tariffs, but we're beginning to see higher costs for fur ...