U.S. core CPI fell to a three-year low in June

According to Jinshi Data on July 11, the annual rate of the unadjusted core CPI in June was 3.3%, lower than the market expectation of 3.4%, and fell to the lowest level since April 2021. The monthly rate of the seasonally adjusted core CPI in June was 0.1%, the lowest level since August 2021, and the market expectation was 0.2%.