BlockBeats News, August 10, S&P Global stated that the July U.S. CPI data will be a key economic indicator for the coming week. With tariff policies raising expectations of inflation, the market is holding its breath for this report. Although current tariff developments (including the higher tariffs imposed on August 7 and the latest proposed 100% chip tariff threat) seem to suggest inflation will rise, the overall consumer price increase in the U.S. for the second quarter has remained below 3.0%.
It is noteworthy that the S&P Global U.S. PMI data, which serves as a leading indicator for CPI trends, has hinted that inflation may pick up in the second half of 2025. Therefore, the upcoming CPI data will verify whether prices have begun to accelerate in July. This is crucial for the Federal Reserve's monetary policy, as the Fed remains cautious given the potential price volatility. (Jin Shi)