WS #13735
July CPI expected to cool to 3.4% headline, 2.5% core; Citi sees September hike off, BofA sees it possible, creating uncertainty. Berkshire Q2 operating earnings up 16%, boosts buybacks, cuts cash hoard; signals confidence and supports market sentiment.
US CPI expectations and Fed rate path
July CPI expected to cool to 3.4% headline, 2.5% core; Citi sees September hike off, BofA sees it possible, creating uncertainty.
Berkshire Q2 operating earnings up 16%, boosts buybacks, cuts cash hoard; signals confidence and supports market sentiment.