June US CPI Preview: Don't Let a Negative Headline Fool You | Metals Mine

  • June US CPI Preview: Don't Let a Negative Headline Fool You

    From kiplinger.com

    The June consumer price index (CPI) report is shaping up to be a classic head-fake for investors. When the Bureau of Labor Statistics drops its latest inflation data on July 14 at 8:30 am Eastern, market participants might see something they haven't witnessed in quite a while: A negative month-over-month headline inflation print. Look past the headline, however, and the reality of the inflation environment is far less encouraging. To understand the stakes for June, we have to look back at the scorcher we saw in May. Headline CPI surged 0.5% for the month and a blistering 4.2% over the prior 12 months. That reading, ... (full story)

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Trader#215B
21 hr ago
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Let the stagflation trap close finally and teach them a lesson they will never forget
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ffghost
15 hr ago
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They are learning.....but stagflation is a looooooong way off here in the US.

Unemployment is at historically "low" (not all time low, but certainly at/below average). Inflation is in the same situation...not yet the 2% that the FED wants, but not in the double digits to warrant stagflation concerns.
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