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US consumer inflation slows, but Fed rate hike likely
US consumer inflation slowed more than expected in June, but this may not deter the Federal Reserve from raising interest rates due to ongoing geopolitical conflicts. Read more at straitstimes.com. Read more at straitstimes.com.
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economictimes.indiatimes.com
US consumer inflation likely increased at a slow pace in June as gasoline prices retreated
U.S. consumer inflation probably slowed in June, but rate hikes remain possible. Gasoline prices retreated from highs after a fragile ceasefire took hold. This truce collapsed,…
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coindesk.com
U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
This morning's report could go a long way toward determining whether the Federal Reserve raises interest rates at its late-July meeting.
