Daily Market Updates: U.S. inflation slows as CPI rises 3.5% in June

Bonds & Rates

Home›Bonds & Rates›Inflation›U.S. inflation slows as CPI rises 3.5% in June

U.S. inflation slows as CPI rises 3.5% in June

The June CPI increase to 3.5% marks a slower pace than before, with prices also showing their largest month over month drop since 2020.

Reported · Written up by our desk · Inflation

U.S. inflation cooled in June, with the Consumer Price Index rising 3.5% year over year, according to reporting by the New York Times.

The outlet also said prices posted their biggest month over month decline since 2020, signaling a larger-than-usual easing in the latest reading.

The report attributes the slowdown to a period when activity related to the war with Iran was paused, noting that the inflation data came during that window.

← Newer storyWarsh reiterates Fed’s focus on price stability, avoids rate guidance Older story →China recovers Long March-10B booster using giant net at sea

More like this

Bonds & RatesJune CPI falls 0.4%, weakening case for a July Fed hike

Bonds & RatesJune consumer prices rose 3.5% annually, easing from expectations

Bonds & RatesUS inflation slows to 3.5% in June as gasoline costs drop

Bonds & RatesU.S. June CPI falls more than expected as energy drags

Bonds & RatesBonds rally as CPI prints below expectations

Sources

NYT BusinessInflation Slowed During Pause in War With Iran

NYT EconomyInflation Slowed During Pause in War With Iran

Bonds & Rates

U.S. inflation slows as CPI rises 3.5% in June

More like this

Sources

Get the close, explained.