Market Comment | U.S. core inflation rose by the most in nearly 18 months in June

Summary

Today it was published that U.S. underlying consumer prices increased by the most in nearly 18 months in June. Excluding the volatile food and energy prices, core inflation rose 0.3% m/m in June.

Key points

• Key points:
• Excluding the volatile food and energy prices, U.S. core inflation rose 0.3% m/m in June.
• ECB minutes were released.
• Italy’s risk premium extends its drop.

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