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


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.

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