July inflation was "moderate and not stimulating"! Expectations for a Fed rate hike cooled further, but the overall situation remains uncertain, with variables still looming before the September decision… A chart to understand the US July CPI.

2026-08-12

July inflation was "moderate and not stimulating"! Expectations for a Fed rate hike cooled further, but the overall situation remains uncertain, with variables still looming before the September decision… A chart to understand the US July CPI.