US Inflation Grinds To A Halt

June US inflation data came in lower than expected, with core CPI showing no growth. This has led to a market rally and a reduction in Fed rate hike expectations.

Key Takeaways

• 1.US inflation in June came in significantly below expectations, with core CPI flat and headline CPI falling 0.4%.
• 2.Market reaction included a rally in Treasury yields and a softening in Fed hike pricing for the July FOMC.

Table of Contents

• US Inflation Grinds To A Halt

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