#CPIWatch
#CPIWatch Update:
🇺🇸 U.S. CPI jumped 0.3% MoM in June, lifting YoY to 2.7%, delaying any Fed rate cuts till at least fall.
🇮🇳 India CPI cratered to a 6-year low of 2.1%, offering RBI room for possible cuts later this year.
📉 Inflation divergence is real: Fed on hold, RBI could ease. Stay tuned.
