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Fed Whispers: Core CPI Expected to Rise by 0.31%, Pushing Annual Inflation to 3.1%

Summary: According to sources, Wall Street Journal reporter Nick Timiraos, known as a 'Fed Whisperer,' stated that July CPI data will be released this Tuesday. Core CPI is expected to rise by 0.31%, pushing the annual inflation rate to 3.1% (2.9% in June, 2.8% in May). It is also expected that overall inflation will increase by ...

According to sources, Wall Street Journal reporter Nick Timiraos, known as a 'Fed Whisperer,' stated that July CPI data will be released this Tuesday. Core CPI is expected to rise by 0.31%, pushing the annual inflation rate to 3.1% (2.9% in June, 2.8% in May). It is also expected that overall inflation will increase by 0.24%, with an annual increase reaching 2.8%.

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Link: Fed Whispers: Core CPI Expected to Rise by 0.31%, Pushing Annual Inflation to 3.1%   [Copy]
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