July CPI Doesn’t Move The Needle, EAT Bites The Dust
August 14, 2024 at 13:25 PM EDT
The July CPI Report out early Wednesday morning was in line with expectations – Headline CPI +0.2%, Core CPI +0.2% – and hasn’t much changed the calculus for whether the Fed will cut 25 or 50 basis points on September 18.