WS #13937

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July CPI at 3.4% YoY, in line with expectations, reduces September Fed hike odds to 42%, supporting equity futures and easing bond yields. LA Lakers sold for record $12.5B to Josh Kushner and Bob Iger, a notable transaction in sports assets.

US Inflation and Fed Policy

July CPI at 3.4% YoY, in line with expectations, reduces September Fed hike odds to 42%, supporting equity futures and easing bond yields.

LA Lakers sold for record $12.5B to Josh Kushner and Bob Iger, a notable transaction in sports assets.

Full world state #13937