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Inflation came down in June. Will it stay that way?
The CPI report showed consumer prices fell month-over-month. Plus: Credit card spending, pork lobbyists, and the Humphrey-Hawkins Act.
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marketplace.org
A little bit of inflation relief
Fresh CPI figures showed that consumer prices actually fell 0.4% month over month in June.
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cryptobriefing.com
Traders expect Federal Reserve to skip July rate hike as inflation cools
June CPI fell 0.4% month-over-month, the steepest drop since April 2020, sending Fed rate-hike odds tumbling and easing pressure on crypto markets.
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Inflation slowed in June. What does that mean for interest rates?
The surprisingly strong CPI numbers mean the Fed is likely to hold interest rates steady at its next meeting in July.
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Inflation came down in June. Will it stay that way?
The CPI report showed consumer prices fell month-over-month. Plus: Credit card spending, pork lobbyists, and the Humphrey-Hawkins Act.
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June CPI shows cooling inflation, but Fed rate hike still expected in September
June CPI shows cooling inflation with a 0.4% decline. Fed rate hike in September at 0.8% YES.