ABA DataBank: July CPI edges down to 3.4%
The ABA Office of the Chief Economist believes that this month’s inflation reading marks continued normalization in price growth, but overall inflation remains above the Federal Reserve’s target. The post ABA DataBank: July CPI edges down to 3.4% appeared first on ABA Banking…
The ABA Office of the Chief Economist believes that this month’s inflation reading marks continued normalization in price growth, but overall inflation remains above the Federal Reserve’s target. The post ABA DataBank: July CPI edges down to 3.4% appeared first on ABA Banking…
BELLINGS Intelligence Score: 72
Why it matters
The July CPI print at 3.4% is a key inflation data point that influences Federal Reserve rate expectations and thus directly impacts credit markets, borrowing costs, and underwriting decisions for sophisticated finance professionals.
Sources
ABA Banking Journal
ABA DataBank: July CPI edges down to 3.4%
The ABA Office of the Chief Economist believes that this month’s inflation reading marks continued normalization in price growth, but overall inflation remains above the Federal Reserve’s target. The post ABA DataBank: July CPI edges down to 3.4% appeared first on ABA Banking…