Market 08/14: CPI Seals FED Cut But 0.25% or 0.5%?

Inflation continues to decline in July as forecasted

• CPI at +2.9% YoY, lower than 3.0% expected and 3.0% previous month

• CPI ex energy and food at +3.2% YoY, in line with forecast, slightly down from 3.3%

  • Core CPI rises at slowest pace since 04/2021