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Softer U.S. Inflation Expected in June Ahead of Another Hold from Fed

Softer U.S. Inflation Expected in June Ahead of Another Hold from Fed

June’s consumer price index data for the U.S. will be key in revealing whether the resurgence in inflation is over or if softer readings in April and May were just a short reprieve. On Thursday, we expect headline CPI growth to slow to 3.1% in June, down from 3.3% in May—marking a third consecutive monthly […]

The post Softer U.S. Inflation Expected in June Ahead of Another Hold from Fed appeared first on Action Forex.

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