US CPI Preview: Forecasts from 10 major banks, monthly pace should hold at 0.2% CPI UnitedStates Inflation Fed Banks
ust 10 at 12:30 GMT. As we get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the upcomingHeadline and core CPI, which excludes volatile food and oil prices, are seen coming in at 0.2% month-on-month, same as in June. Annual headline CPI is expected to rebound to 3.3% vs. June’s print of 3.0% and core is seen steady at 4.8% YoY. We expect the core rate to remain at just 0.2% in July.
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