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Ten investment bank forecasts for June US CPI due later on Thursday, 11 July 2024

2024-12-30FOREXLIVEFOREXLIVE
The median is Core @ 3.4% & Headline @3.1%

I posted this earlier in the week, so this is a repeat.

The Wall Street Journal's Fed watcher Timiraos summarising inflation forecasts for June:

june 2024 cpi forecast 2

The data is due on Thursday July 11 at 8.30 am US Eastern time (1230 GMT) and will be a key factor for the Federal Open Market Committee (FOMC) into interest rate moves ahead.

The Fed is expected to hold at its July meeting but September is looking more and more like it might be live.

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