AI Data Insight
The latest US Q2 2026 Consumer Price Index (CPI) year-over-year growth rate retreated significantly from the previous 4.1666% to 3.4635%, lower than the market consensus of 3.8%. The decline in energy prices and the cooling of core services inflation were the main drivers, successfully alleviating concerns of a second wave of inflation. With prices cooling across the board, the Federal Reserve is expected to maintain its current policy unchanged in the short term, providing breathing room for the stock and bond markets.