Key inflation and PPI data due this week
Economists expect the June CPI to show the first negative month-over-month reading in a year while core inflation holds near 2.9 percent. Markets will also watch PPI and comments from former Fed gove…
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AFBytes briefing
Inflation prints directly influence Federal Reserve rate decisions that affect mortgage rates, credit costs, and retirement account returns for American households.
What to watch next
- Watch the Bureau of Labor Statistics CPI release scheduled for mid-week for confirmation of the monthly trend.