PANews August 10 news, according to Jin Shi reports, S&P Global stated that the July U.S. CPI data will become a key economic indicator for the new week. Under the expectation that tariff policies will drive up inflation, the market is holding its breath for this report. Although the current progress on tariffs (including the higher tariffs imposed on August 7 and the latest proposed 100% chip tariff threat) seems to indicate that inflation will rise, the overall consumer price increase in the U.S. for the second quarter has remained below 3.0%. It is worth noting that the S&P Global U.S. PMI data, which serves as a leading indicator for CPI trends, has already hinted that inflation may pick up in the second half of 2025. Therefore, the upcoming CPI data will verify whether prices started to accelerate in July. This is crucial for the Federal Reserve's monetary policy, and given the potential volatility in prices, the Federal Reserve remains cautious for now.
