BREAKING: June CPI inflation rises to 2.7%, above expectations of 2.6%.
Core CPI inflation rises to 2.9%, below expectations of 3.0%.
CPI inflation in the US is now up for 2-straight months for the first time since January 2025.
The Fed pause will continue.
In just 2 months, CPI inflation in the US has risen from 2.3% to 2.7%.
Critics will blame tariffs, praisers will blame base effects.
Regardless, the Fed will not cut interest rates this month.
Follow us @KobeissiLetter for real time analysis as this develops.
Bitcoin and Gold knew this was coming months ago.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share




