US Week Ahead: CPI, Durable Goods, Housing Data

We expect top-line CPI to rise 0.3% MoM with the YoY inflation rate steady at 2.1%. Core CPI likely rose 0.2% MoM with the YoY rate unchanged at 2.0%. In June, prices received by farmers fell -2.6% suggesting overall food prices rose at a slower pace last month. Retail gasoline prices (not…

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