Inflation surged more than expected
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On Tuesday, July 15, the BLS will release the June Consumer Price Index report, providing critical insights into how tariffs are impacting prices for shoppe
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a move that would stimulate markets and investment,
June inflation slowed, the core rate below forecasts. Stocks and bonds saw modest rallies. Click here for a full breakdown of the June report.
RBA rate cut fears and slowing Aussie jobs data weigh on AUD/USD, with China’s trade outlook and Fed policy in sharp market focus.
Forecasts for the March CPI report show inflation is expected to post a 5.2% increase from a year ago, according to FactSet’s consensus forecasts.
ICICI Bank has revised its forecast for inflation in FY26 to 2.9 per cent, significantly lower than the RBI’s earlier projection of 3.7 per cent.