June CPI Falls 0.4%, the First Monthly Price Drop Since April 2020

June CPI fell 0.4%, the first monthly price decline since April 2020, cutting inflation to 3.5% and hardening the case for a Fed hold on July 28-29.

June CPI fell 0.4%, the first monthly price decline since April 2020, cutting inflation to 3.5% and hardening the case for a Fed hold on July 28-29.