U.S. EconomyIMPORTANT

US Core PCE Price Index YoY (Jun) Y/Y 3.3% vs. Exp. 3.3% (Prev. 3.4%)

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June's Core PCE inflation eased to 3.3% YoY, meeting estimates. While core monthly prices rose less than expected, a lack of Fed guidance triggered a steepening in the Treasury yield curve.

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