June CPI fell 0.4% month-over-month (SA) while rising 3.5% year-over-year (NSA). Core CPI (ex food & energy) was flat m/m in June (SA) and up 2.6% y/y (NSA). The cooler print supports a more dovish Fed path, likely reinforcing downward pressure on Treasury yields and risk sentiment.
June CPI fell 0.4% month-over-month (SA) while rising 3.5% year-over-year (NSA). Core CPI (ex food & energy) was flat m/m in June (SA) and up 2.6% y/y (NSA). The cooler print supports a more dovish Fed path, likely reinforcing downward pressure on Treasury yields and risk sentiment.
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mildly positive
Sentiment Score
0.10