US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates.
One Place News
- Economy & Finance
- July 22, 2026
- 31 views
Three Inflation Misses Bring Little Joy to Bearish Gilt Traders
Three consecutive downside inflation surprises and the slowest private-sector wage growth since 2020. It should be enough to convince investors that the Bank of England is entertaining interest rate cuts.
