US Industrial Production Exceeds Expectations with 0.6% June Increase  In June, U.S. industrial production saw a better-than-expected increase of 0.6% month-over-month (MoM), surpassing the anticipated 0.3% rise but not as strong as the 0.9% increase in May. This brought the annual growth rate to 1.6%, the highest since October 2022. Manufactu...

CPI Falls 0.1% in June, Fueling Rate Cut Speculations  Heading into today's CPI release, expectations were high for more signs of a return to disinflation. These expectations were exceeded as headline consumer prices fell 0.1% month-over-month in June, contrasting with the forecasted 0.1% increase, marking the largest month-over-month decline ...