WS #12083
June CPI came in at 3.5% YoY vs 3.9% expected, core inflation flat MoM, reducing pressure on Fed to hike rates, boosting stocks and bonds.
Cooling US Inflation Data
June CPI came in at 3.5% YoY vs 3.9% expected, core inflation flat MoM, reducing pressure on Fed to hike rates, boosting stocks and bonds.