ANZ Bank anticipates US CPI: US inflation back on track
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ANZ Bank expects that the core CPI in the United States will increase by 0.20% month-on-month in June, while the overall CPI will remain flat. Restrictive monetary policy is balancing supply and demand, reducing inflationary pressures. Rental inflation remains high, but inflation is normalizing. Federal Reserve officials are optimistic about countering the inflation trend, but more data is needed to confirm a return to a 2% inflation rate before relaxing monetary policy
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