Market Insight: US CPI defies expectations - but will it sway the Fed? | REUTERS

Описание к видео Market Insight: US CPI defies expectations - but will it sway the Fed? | REUTERS

US consumer prices were unexpectedly unchanged in May as cheaper gasoline offset higher costs for rental housing. But inflation still looks high and the Federal Reserve may prefer to wait until December before beginning to cut rates, according to BNP Paribas senior US economist Andy Schneider.

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