US Inflation Data Misses Downside, Shifts Macro Disinflation Trend
The week ending July 17, 2026 saw a decisive shift toward disinflation in the global macro transmission chain, as US consumer and producer inflation data surprised to the downside.
According to the Global Macro Transmission Monitor for the week ending July 17, 2026, the macro transmission chain shifted decisively toward disinflation last week.
The shift was driven by US inflation data that came in below expectations on both the consumer and producer sides, reinforcing a disinflationary narrative.
No specific asset or currency direction was indicated in the report beyond the broad macro trend.
Source: FXStreet Forex News