Inflation data for June is due out shortly, with economists expecting that CPI was little...

|By:, SA News Editor

Inflation data for June is due out shortly, with economists expecting that CPI was little changed after falling 0.3% in May. Core CPI is seen at +0.2% for a fourth month in a row. The data comes ahead of Ben Bernanke's testimony to Congress today and tomorrow; the low inflation could give cover to the Fed if it decides on further easing.