The US Inflation Index is falling off the cliff.

Since 29th June, Truflation is showing 0.52% drop in inflation.

This is the exact opposite of what the Fed has been saying for months now.

If this month CPI comes lower than expected, I think the Fed will be in so much trouble.

This is because their delaying rate cuts has not only brought more uncertainty but also causes the US to pay higher interest on its debt.