CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks

June CPI came in below consensus, with the index down 0.4% month over month from May, driven mainly by lower energy prices. The softer inflation print eased near-term rate-cut concerns and likely provided a positive impulse to risk assets as investors gained clarity on the inflation trajectory.

Analysis

June CPI came in below consensus, with the index down 0.4% month over month from May, driven mainly by lower energy prices. The softer inflation print eased near-term rate-cut concerns and likely provided a positive impulse to risk assets as investors gained clarity on the inflation trajectory.