CPI declined in June | ABA Banking Journal

Category: Finance

The Consumer Price Index edged down 0.1% in June on a seasonally adjusted annual basis, after being unchanged in May. The index for all items less food and energy, the “core CPI”, rose 0.1% in June. The index for shelter, food, and energy experienced various changes in June. The energy index fell 2.0% in June, with notable decreases in gasoline and fuel oil indexes. The article also covers topics such as mortgage rates, FDIC chair nominee's stance on capital requirements, and FinCEN's alert on financing related to Israeli extremist settler violence.

Keywords: Consumer Price Index, Core CPI, Energy Index, Mortgage Rates, FDIC Chair Nominee, FinCEN Alert

Source: ABA Banking Journal

Update At: 7/12/2024

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