Rates: Thank you Mr. CPI! - InvestingChannel

Rates: Thank you Mr. CPI!

U.S. consumer prices came as a pleasant surprise to the financial community, so much so that the consequences were somewhat unexpected. In June, CPI came in below expectations, at -0.1% month-on-month against a forecast of +0.1%, and at +3.0% year-on-year against a forecast of +3.1%. Core CPI, strip…
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