US Inflation Cools to 3.5% in June, Easing Fed Rate Hike Pressure
US inflation slowed to 3.5% in June, a larger-than-expected decline attributed partly to easing energy prices and a brief US-Iran peace deal. This cooling inflation has reduced immediate pressure on the Federal Reserve for further interest rate hikes, though the option remains open.
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Benign CPI inflation takes Fed’s July rate rise off the table
Headline and core inflation were below expectations in June and unlikely to persuade rate-setters to tighten policy
Read full article →Inflation cools to 3.5% in June in relief brought by brief US-Iran deal
Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last year Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics. The consumer price index (CPI), which measures a basket of goods and services, has been elevated since the start of the war, largely because of higher energy prices. After mostly staying und...
By Gaya Gupta
Read full article →Here’s the inflation breakdown for June 2026 — in one chart
The consumer price index rose 3.5% in June from a year earlier, a deceleration after several months of upward moves.
Read full article →US inflation cools on brief ceasefire but Fed keeps rate hike option
US consumer inflation slowed more than expected in June as energy prices retreated, but the moderation was insufficient to convince financial markets to take an interest-rate increase from the Federal Reserve this year off the table against the backdrop of renewed conflict in the Middle East. The Consumer Price Index (CPI) from the Labour Department on Tuesday also showed underlying inflation subsiding last month amid declines in the costs of motor vehicle insurance, communication, apparel,...
By Reuters
Read full article →Inflation cools to 3.5% in June in relief brought by brief US-Iran peace deal
Read full article →Why cooling US inflation eases pressure on the Fed despite oil prices jumping after Iran strikes
US inflation cooled in June despite rising oil prices after Iran strikes, easing pressure on the Federal Reserve to raise interest rates.
Read full article →Global inflation expectations plunge as rate hike fears fade: BofA
Read full article →Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June
Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June With oil prices having tumbled (before this latest resurgence) but semiconductor prices soaring still, expectations were for a small 0.1% MoM decline in CPI but in fact it printed dramatically cooler, dropping 0.4% MoM - the biggest monthly decline since COVID (April 2020), dragging the YoY CPI change down to +3.5% YoY... Source: Bloomberg Both Goods and Services costs saw YoY growth decline... Ener...
By Tyler Durden
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