1 month July CPI rose 2.9% YOY lower than the expected 3.0% coupled with the rising unemployment rate could be the sign of the Fed’s pivoting point. Reddit
July CPI rose 2.9% over the last 12 months lower than the expected 3.0% This CPI is probably the most important for this year as it will likely be the clear indicator for the Fed interest rate to pivot. July nonfarm payroll employment edged up by 114,…