Overseas media reported Tuesday's US CPI missed expectations; core CPI and related persistence gauges also undershot. The Fed-tracked services ex-energy The inflation measure was flat in June after a 0.3 pct rise in May. Fed officials, concerned that

2026-07-14

Overseas media reported Tuesday's US CPI missed expectations; core CPI and related persistence gauges also undershot. The Fed-tracked services ex-energy The inflation measure was flat in June after a 0.3 pct rise in May. Fed officials, concerned that underlying or structural inflation may persist, have flagged services inflation as a key watch because services price pressures are typically more persistent and evolve more slowly than energy.