HKM
06-02

Trump and tarrifs - do you trust?

June CPI in Line: Bet on Sep. Rate Cut?
US June CPI YoY +2.7% (Est. +2.7%, Prior +2.4%) Data shows that both headline CPI year-on-year and month-on-month readings hit multi-month highs, but the pace of core inflation came in below expectations. The market remains firmly priced for a Fed rate cut in September. --------- How might this CPI print affect investor sentiment in equities and bonds?
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