Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June
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Source: Zero Hedge
Published: 2026-07-14 22:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, Business & Economy
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Snippet:
With oil prices having tumbled (before this latest resurgence) but semiconductor prices soaring still, expectations were for a small 0.1% MoM decline in CPI but in fact it printed dramatically cooler, dropping 0.4% MoM - the biggest monthly decline since COVID (April 2020), dragging the YoY CPI change down to +3.5% YoY...
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