posted by
FXTimes
703 days ago
in USD, Fundamental, Inflation
Consumer price data showed the headlines CPI fall in the month of June, for the first time in a year. The index slid 0.2%, around expectations. Looking at the underlying rate however, we see a second straight month of rather strong increase, a 0.3% climb. That confirms for us what Fed Chairman Bernanke had talked about, the fact that in current con