The US CPI, -0.4% month over month in June, has declined for four months in a row. The year-over-year trend is –1.1% from +2% a year ago. This, along with rising unemployment, has opened room for a Fed-cutting cycle to begin in 2024.
Danielle was a guest with Jim Goddard on Talk Digital Network, talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.