Strong Labor Market Likely to Influence Fed Tightening Despite Cooling CPI
Market Analysis

US CPI Cools in June, But More Fed Hikes Expected

July 12, 2023 0

The monthly headline and core US Consumer Price Indexes (CPI) rose 0.2%, cooler than the estimated 0.3%, but are unlikely to change the Federal Reserve Board’s decision on interest rate hikes at their July meeting. […]