U.S. import prices rose more than expected in June, showing unexpected upside in the latest Labor Department data. The print is likely to reinforce near-term inflation concerns and could increase rate-hike expectations, adding modest pressure to interest-rate-sensitive assets.
U.S. import prices rose more than expected in June, showing unexpected upside in the latest Labor Department data. The print is likely to reinforce near-term inflation concerns and could increase rate-hike expectations, adding modest pressure to interest-rate-sensitive assets.
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mildly negative
Sentiment Score
-0.20
