Consumer Cracks: Prices Of Online Goods Tumble At Sharpest Rate Since Early Pandemic
July 11, 2023 at 15:45 PM EDT
Traders anxiously await Wednesday morning’s US consumer price index inflation report. Economists forecast that June figures will come in at the slowest rate in over two years as the effects of interest rate hikes by the Federal Reserve hinder economic activity. Despite this, inflation has yet to reach the Federal Reserve’s 2% goal. However, Bloomberg […] Source