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June 2026 CPI Falls 0.4% Monthly in First Negative Print Since 2020; Warsh Testifies
Bloomberg segment covers the July 14, 2026 release of June CPI data showing a 0.4 percent monthly decline—the first negative print in years—and year-over-year headline at 3.5 percent, core at 2.6 percent. It notes most of the drop stems from energy prices and states one month does not establish a trend. The segment then turns to Fed Chair Kevin Warsh’s semiannual testimony before Congress, quoting his remarks on inflation focus, monetary policy’s long-term role, and the absence of any forward guidance on interest rates.
Source: Bloomberg Television
