WS #13933
July CPI came in at 3.4% YoY, core 2.5%, in line with expectations, lowering September rate hike odds to ~40% and supporting a Fed pause.
CPI Inflation and Fed Rate Hike Odds
July CPI came in at 3.4% YoY, core 2.5%, in line with expectations, lowering September rate hike odds to ~40% and supporting a Fed pause.