Soft US CPI Seen Tempering First-Quarter Inflation Scare

Yen Extends Advance Against Dollar to 2%

Soft CPI Seen Tempering First-Quarter Inflation Scare

Used Cars and Trucks Index Fell 1.5%

Supercore Inflation Gauge Drops in Best Reading Since August 2021

Airfares Fell 5.0%

Motor Vehicle Insurance Rose 0.9%

Interest-Rate Futures Almost Fully Pricing In Two Rate Cuts by Year-End

Hefty Drop in Gasoline Index Offsets Rise in Shelter Costs

Stock Futures Rise

Annual Gaine in Core CPI is Smallest Since April 2021

Treasury Yields Plunge

Consumer Prices Fall 0.1% M/M; Est. +0.1%

Consumer Prices Rise 3.0% Y/Y; Est. +3.1%

Core CPI Rises 0.1% M/M; Est. +0.2%

US June Core CPI Rises 3.3% Y/Y; Est. +3.4%

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