Published Jul 14, 2026, 9:06 AM ET · Updated 4 months ago · 1 source
THE BLOCK: U.S. CPI fell 0.4% in June, the largest monthly drop since April 2020, while core CPI was flat. Fed Chair Kevin Warsh said the central bank has "no tolerance" for persistently elevated inflation as traders cut bets on a July rate hike.
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THE BLOCK: U.S. CPI fell 0.4% in June, the largest monthly drop since April 2020, while core CPI was flat. Fed Chair Kevin Warsh said the central bank has "no tolerance" for persistently elevated inflation as traders cut bets on a July rate hike.