Annual rate falls to 6.8% largely driven by lower energy prices, according to Office for National Statistics
Corporate balance sheets face pressure from rising interest costs
Core measures of inflation eased slightly last month
An increase in July's report probably wouldn't be a complete surprise to the Bank of Canada
Earnings to remain under pressure as the sector faces slow growth and elevated costs
Thursday's report is the first of two CPI numbers Fed policymakers will see before their next meeting
Sticky inflation could endanger the possibility of a rare ``soft landing''
Core inflation is now higher than the headline rate
Economy, rate environment are the main risks to issuers' finances
Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row