Macro - Weekly Briefings - US

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $90	6 Pages	Oxford Economics	July, 2023	OFE18071717

Attention: There is an updated edition available for this report.

Best Price Guarantee
Price	from $90
Length	6 Pages
Publisher	Oxford Economics
Published Date	July, 2023
SKU	OFE18071717

Macro - Weekly Briefings - US

While the large base effects that helped pull down headline CPI inflation to 3% in June are behind us, a downshift in shelter inflation, falling auto prices, and a gradual easing in wage growth should mean better news for core inflation through the second half of the year. The June CPI report is not enough to stop Fed officials from following through with a rate hike later this month, but it does support our baseline forecast that the July hike could be the last.

Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.