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Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June

Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June With oil prices having tumbled (before this latest resurgence) but semiconductor prices soaring still, expectations were for a small 0.1% MoM decline in CPI but in fact it printed dramatically cooler, dropping 0.4% MoM - the biggest monthly decline since COVID (April 2020), dragging the YoY CPI change down to +3.5% YoY... Source: Bloomberg Both Goods and Services costs saw YoY growth decline... Energy dominated the decline while Core Services rose very modestly... CPI breakdown: Headline CPI down 0.4% MoM in...
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Jun 30, 2026 / Tyler Durden
Supreme Court Strikes Down Trump's Birthright Citizenship Executive Order
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May 12, 2026 / Tyler Durden
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
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Jun 2, 2026 / Tyler Durden
Woman Fatally Stabbed "Two Dozen Times" In Brazen Daytime Attack On Atlanta's MARTA Train
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