June’s CPI came in softer than expected, giving new Fed Chair Kevin Warsh room to avoid aggressive rate hikes that could choke off market liquidity. The update is a modest relief signal for the rate path, lowering near-term tightening pressure implied by hotter inflation prints.
June’s CPI came in softer than expected, giving new Fed Chair Kevin Warsh room to avoid aggressive rate hikes that could choke off market liquidity. The update is a modest relief signal for the rate path, lowering near-term tightening pressure implied by hotter inflation prints.
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mildly positive
Sentiment Score
0.18
