US: Headline CPI to hit new high in June, but core prices to decline – TD Securities

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US: Headline CPI to hit new high in June, but core prices to decline – TD Securities
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US: Headline CPI to hit new high in June, but core prices to decline – TD Securities – by MSalordFX UnitedStates Inflation Banks

Key Quotes:

“Our m/m projections imply that headline inflation likely gained speed on a y/y basis in June, despite likely softening in the core segment: We look for annual inflation to rise to 8.9% for the headline, but to decline to 5.7% for core prices.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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