Housing Costs and Inflation Expectations in June CPI Report
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#f9660aca ver:1.18

US June CPI report shows a slowdown in inflation, with headline CPI growth projected to slow to 3.1%. Rent prices continue to be the main contributor to US price growth. The anticipation of lower inflation increases the likelihood of a rate cut from the Fed in December. In China, consumer price growth weakened to 1.1% in June, the slowest pace since October 2020, driven by a drop in food prices. The upcoming CPI report will shed light on inflation's impact on everyday finances and the outlook for the Fed. Trump's proposed trade and immigration policies raise concerns about renewed inflationary pressures. The outcome of the November 5 presidential election could significantly alter the economic outlook and the Fed's policy direction....

#newstr #UsInflation #China'sConsumerInflation #Trump'sProposedPolicies #ConsumerPriceIndex #FederalReserve #InterestRates 

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