US CPI Falls for the First Time Since 2020, Core Gauge Flat
US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve...
By Bloomberg Markets · Bloomberg Markets
US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates. Frances Donald, Chief Economist at RBC Capital Markets, reacts to June CPI. (Source: Bloomberg)