Investors and policymakers should anticipate top-line and core inflation to advance at a 4% to 4.5% pace by the middle of the summer. … READ MORE >
core CPI
Further disinflation in the June consumer price index points to a Fed rate cut
The road is now open to a rate cut by the Federal Reserve in September. Broad-based core goods inflation along with easing energy and transportation costs all continue be the primary factors behind inflation’s decline from 9.1% in June 2022 to its current 3%. … READ MORE >