BofA Securities analysts say US June headline CPI may fall 0.09% MoM, driven largely by a sharp drop in gasoline prices. They project core CPI around +0.28% MoM (2.9% YoY), noting World Cup-related demand is lifting services inflation. On that basis they expect core PCE to again print slightly firmer than CPI.

2026-07-11

BofA Securities analysts say US June headline CPI may fall 0.09% MoM, driven largely by a sharp drop in gasoline prices. They project core CPI around +0.28% MoM (2.9% YoY), noting World Cup-related demand is lifting services inflation. On that basis they expect core PCE to again print slightly firmer than CPI.