Wednesday , 13 November 2024
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US: Cooling Jun CPI adds to “more good data” for Fed’s confidence to cut rates – UOB Group

US Jun CPI surprised with a -0.1% m/m fall, the first decline since the start of the pandemic while core inflation rose by 0.1% the slowest m/m pace since Jan 2021, UOB Group FX analyst Alvin Liew note.

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