OOPS! US Inflation explodes higher in June w/a 0.9% increase in headline CPI and a similar 0.9% jump in the core CPI. With these monthly changes, the headline was reported up 5.4% YoY (vs 4.9% expected), while core index was +4.5% most since 1991 and way above expectations of 4%. h/t Holger Zschaepitz

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