An epic disaster movie is staged!
CPI data has fallen for four consecutive months!
Back to the "2-digit"! 3% lower than the market expectation,
The market seems to be slightly disappointed with this data!
The monthly rate was 0.2%, in line with market expectations;
The unadjusted core CPI annual rate in July was 3.2%,
It fell for the fourth consecutive month, the lowest level since April 2021;
The monthly rate was 0.2%, both in line with market expectations.