Markets Brace for July CPI Report With Core Inflation in Focus
The US Bureau of Labor Statistics (BLS) will publish the July Consumer Price Index (CPI) data on Wednesday. The report is expected to show a small decline in consumer inflation and core inflation. The monthly CPI is forecast to rise by 0.1%, following the 0.4% decrease recorded in June, while the annual reading is seen The post Markets Brace for July CPI Report With Core Inflation in Focus appeared first on BeInCrypto.
Key Takeaways
- The US Bureau of Labor Statistics (BLS) will publish the July Consumer Price Index (CPI) data on Wednesday.
- The report is expected to show a small decline in consumer inflation and core inflation.
- The monthly CPI is forecast to rise by 0.1%, following the 0.4% decrease recorded in June, while the annual reading is seen The post Markets Brace for July CPI Report With Core Inflation in Focus appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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