U.S. CPI fell 0.4% month-on-month in June and increased 3.5% year-on-year
[U.S. CPI fell by 0.4% month-on-month and increased by 3.5% year-on-year in June] The U.S. consumer price index (CPI) increased by 3.5% year-on-year in June. It is expected to increase by 3.8% and the previous value increased by 4.2%. The U.S. CPI fell by 0.4% month-on-month in June, and is expected to fall by 0.1%. The previous value was an increase of 0.5%.
The U.S. Consumer Price Index (CPI) increased by 3.5% year-on-year in June, with an expected increase of 3.8%, and the previous value of an increase of 4.2%. The U.S. CPI fell by 0.4% month-on-month in June, and is expected to fall by 0.1%. The previous value was an increase of 0.5%. The core CPI in the United States increased by 2.6% year-on-year in June, compared with the forecast of 2.8%, and the previous value of 2.9%. The core CPI in the United States in June was unchanged from the previous month, with an expected increase of 0.2%. Federal Reserve Chairman Warsh said the Fed has "zero tolerance" for continued high inflation. U.S. short-term interest rate futures jumped sharply after the release of U.S. inflation data for June, and traders sharply cut their bets on the Federal Reserve raising interest rates. (