Fundamental Analysis
Posted 16 hours ago
Core inflation slides to 3.05%, September Fed decision looms
US core inflation has declined to 3.05% from 4.76%, potentially influencing the Fed's September rate decision amid three dissents for a 25bp hike in July minutes. This data point feeds the hawkish repricing trade; USD strength hinges on whether the disinflation narrative justifies a hold or cut, making it crucial for dollar positioning ahead of PMI and jobless claims.
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