US inflation fell more than expected to 3.5% in June as petrol prices tumbled
Traders rein in bets on Fed rate rises as easing energy costs help tame price surges spurred by Middle East war
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US inflation rate eases to 3.5% as gasoline prices fall
While the US inflation rate fell in June, concerns remain over price rises increasing again due to the renewed conflict in the Middle East.
US Consumer Inflation Slows More Than Expected In June
US inflation slowed to 3.5% in June, but Middle East conflict and stubborn core prices keep Fed rate hikes on the table.
US inflation seen slowing as Middle East conflict clouds outlook
Economists expect June inflation to ease, but renewed fighting has pushed fuel prices higher and could keep the US Federal Reserve on course
US Inflation Plunges to 3.5% in June Beating Estimates as Prices Fall -0.4%
US June inflation cooled faster than expected, hitting 3.5% YoY vs a forecast of 3.8%, driven by a surprise -0.4% monthly deflationary print
US inflation cools in June before renewed Mideast fighting
US consumer inflation cooled more than expected in June as energy costs fell on a temporary easing of the US-Iran war, government data showe
US consumer inflation likely increased at a slow pace in June as petrol prices retreated
The CPI surged 4.2% in May, the largest year-on-year rise since April 2023
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