U.S. Consumer Price Index report expected to show slowing inflation, Securities and Exchange Commission rules out swing pricing and Chinese regulators react to bearish Goldman Sachs report. — Tiffany Tsoi
The slowdown in headline and core inflation rates in the latest U.S. Consumer Price Index figures released today could be crucial for policymakers in the months to come.. Major and fundamental indexes will post a 0.2% rise in June, marking the smallest increase in core prices since 2021, Bloomberg Economics predicts. For the Federal Reserve, “weak inflation data could cast doubt on the need for further hikes,” wrote Bloomberg economists Anna Wong and Jonathan Church. The Fed will undertake an “extended pause” starting next month, they added.
