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U.S. core CPI fell to a three-year low in June On July 11, the U.S. June unadjusted core CPI annual rate was 3.3%, lower than the market expectation of 3.4%, falling to the lowest level since April 2021. The June seasonally adjusted core CPI monthly rate was 0.1%, the lowest level since August 2021, and the market expectation was 0.2%. (Jinshi) $PEPE $NOT $PEOPLE
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U.S. inflation generally fell in June, boosting expectations of rate cuts On July 11, inflation in the United States generally cooled in June, further boosting the confidence of Federal Reserve officials that the Fed may cut interest rates soon. Data from the U.S. Bureau of Labor Statistics showed that the core CPI (excluding food and energy costs) rose 0.1% from May, the smallest increase since August 2021. Data released on Thursday showed that the indicator rose 3.3% year-on-year, also the lowest increase in more than three years. Economists believe that the core indicator is a better reflection of potential inflation than the overall CPI. Dragged down by falling gasoline prices, the overall CPI indicator fell 0.1% from the previous month and 3% from the same period last year, the first decline since the outbreak of the new crown epidemic. (Jinshi) $PEPE $NOT $PEOPLE
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The U.S. June unadjusted CPI annual rate was 3%, expected to be 3.10% ChainCatcher news, according to Jinshi, the US June unadjusted CPI annual rate was 3%, expected to be 3.10%, and the previous value was 3.30%. The US June unadjusted core CPI annual rate was 3.3%, expected to be 3.40%, and the previous value was 3.40%. The June seasonally adjusted CPI monthly rate was -0.1%, expected to be 0.10%, and the previous value was 0.00%. The number of initial unemployment claims in the week ending July 6 was 222,000, expected to be 236,000, and the previous value was 238,000. $PEPE $NOT $PEOPLE
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The monthly rate of US CPI in June was -0.1%, expected to be 0.10%, and the previous value was 0.00% On July 11, the monthly rate of US CPI in June was -0.1%, which was expected to be 0.10% and the previous value was 0.00%. (Jinshi) $PEPE $NOT $PEOPLE
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US CPI drops sharply in June PANews reported on July 11 that according to Jinshi, the U.S. unadjusted CPI annual rate in June was 3.0%, far below the market expectation of 3.1%, and fell sharply to the lowest level since June last year. The seasonally adjusted CPI monthly rate in June was -0.1%, the first negative value since May 2020. $PEPE $NOT $PEOPLE
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