Consumer Prices Cool Further: June Marks First Monthly CPI Drop Since 2020 The latest Consumer Price Index (CPI) report reveals a significant cooling in US inflation for June 2023. For the first time since May 2020, the monthly headline CPI showed a negative value, decreasing by 0.1%. The annual inflation rate slowed to 3%, the lowest since March 2021, beating economists’ expectations. Core inflation, which excludes volatile food and energy prices, also showed moderation, rising just 0.1% monthly and 3.3% annually. This data suggests a continued trend of easing inflationary pressures in the US economy, leading to positive market reactions, including a notable drop in Treasury yields. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts How To Be On The Right Side of the Coming Wealth Transfer – Mike Maloney & Russ Gray READ MORE July Sees Growth in Gold and Silver Stocks in London Vaults READ MORE Gold Prices Dip as U.S. Recession Concerns Ease, Dollar Strengthens READ MORE Dollar Nears Monthly Peak Amid Rising US Yields and Anticipation of Rate Cuts READ MORE Core PCE Remains Above Fed Target Despite Slight Moderation in Inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment