Cpi Expectations July 2024. Due to a lack of progress on disinflation so far in 2024, the fomc isn’t expected to cut rates until july at the earliest, and quite possibly later. The consumer price index increased 0.2% in july, coming in right at expectations.
Due to a lack of progress on disinflation so far in 2024, the fomc isn’t expected to cut rates until july at the earliest, and quite possibly later. The upcoming consumer price index report on july 12 is expected to show core inflation remaining well above the federal reserve’s 2% annual goal to the month of june, motivating a probable.