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Bank of America Expects U.S. June CPI to Fall 0.09% Month-Over-Month on Gasoline Decline

2026-07-10 18:07:16

BAC0.94%

According to Bank of America Securities, U.S. overall CPI for June is expected to fall 0.09% month-over-month, partly driven by a significant drop in gasoline prices. However, core inflation is forecast to remain elevated at 0.28% month-over-month or 2.9% year-over-year, supported by service sector inflation tied to demand factors.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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