CPI cools more than expected; housing costs finally brake—now the Fed has even more confidence to stay on hold.

Crypto news reports: Seeking Alpha reported that the June 2026 Consumer Price Index (CPI) was released on July 14. The data showed a month-over-month decline of 0.4%, while market expectations were for a 0.1% decline. Core CPI was flat at 0.0%, versus expectations of a 0.2% increase. Since January 2021, housing costs were not subject to a sharp increase for the first time, only rising 0.1% month over month. June’s year-over-year inflation rate fell to 3.5%, down from 4.2% in May, allowing Fed Chair Warsh to continue keeping interest rates unchanged.