According to Jin10 data, the US consumer price index (CPI) in June rose 3.5% year-on-year, below the market expectation of 3.8%. Core CPI, excluding food and energy prices, rose 2.6% year-on-year, also below expectations of 2.8%. Both figures came in below market expectations.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • 1
  • Share
Comment
Add a comment
Add a comment
AccountantsAlsoGetInto
· 10h ago
Core CPI is only 2.6%, so pressure on the Federal Reserve has eased, but will they still insist on observing and say they need to keep watching?
View OriginalReply0
StainedGlassSolarArray
· 10h ago
CPI came in below expectations, and rate-cut expectations have warmed up again—risk assets are likely to rally.
View OriginalReply0
  • Pinned