The BLS July inflation report (Aug. 12) showed slight easing in trailing 12-month price increases. While the move suggests modest disinflation, the article provides no magnitude for the change. This is likely to be market-relevant for rate expectations, but the impact should be limited given the “slight” characterization.
The BLS July inflation report (Aug. 12) showed slight easing in trailing 12-month price increases. While the move suggests modest disinflation, the article provides no magnitude for the change. This is likely to be market-relevant for rate expectations, but the impact should be limited given the “slight” characterization.
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