US CPI: will drop in inflation buoy US indices? | Michael Kramer
Channel: CMC Markets plc
Date: 2023-07-12

The US Bureau of Labor Statistics’ latest consumer price index (CPI) report, due out on Wednesday at 1.30pm (UK time), is expected to show that the headline rate of inflation cooled to 3.1% in the year to June, down from 4% in May and the lowest rate since March 2021. Mott Capital Management’s Michael Kramer assesses what the data could mean for major US indices.

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