WS #12041
June CPI headline 3.5% vs 3.8% expected, core 2.6% vs 2.8%, month-over-month -0.4%; market odds for July rate hike drop to 8%.
June CPI softer than expected, Fed rate hike odds plunge
June CPI headline 3.5% vs 3.8% expected, core 2.6% vs 2.8%, month-over-month -0.4%; market odds for July rate hike drop to 8%.