CPI (Consumer Price Index) rose 1.3% 9.1% annualized

Crypto1
Jul 13, 2022
1 min read

Most likely a .75 rate hike coming. Chances of recession going up. Lot of people predicting a lessening of inflation in the second half. Hope they're right! Expectations of a 3.6% fed funds rate next year.

https://thehill.com/policy/finance/3557144-inflation-rate-hit-9-1-percent-annually-in-june/

https://www.bloomberg.com/news/articles/2022-06-22/powell-sees-ongoing-rate-hikes-needed-to-tame-hot-inflation

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