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The consumer price index (CPI) report for July is âconsistent with a 25bp rate cut rather than 50bp,â strategists at Capitol Economics said Wednesday.
All-items CPI rose and core CPI rose 0.15% and 0.18% month-over-month, respectively, in July. This suggests âthat the disinflationary trend has firmly reasserted itself, after the temporary relapse in the first quarter," Capitol strategists argue.
On an annual basis, the headline CPI rose 2.9% last month, slightly down from the 3....
>>> Read more: July CPI consistent with 25bp rate cut in September rather than 50bp: strategists
All-items CPI rose and core CPI rose 0.15% and 0.18% month-over-month, respectively, in July. This suggests âthat the disinflationary trend has firmly reasserted itself, after the temporary relapse in the first quarter," Capitol strategists argue.
On an annual basis, the headline CPI rose 2.9% last month, slightly down from the 3....
>>> Read more: July CPI consistent with 25bp rate cut in September rather than 50bp: strategists
