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🔵Standard & Poor's Global: The U.S. Consumer Price Index data for July will be a key economic indicator in the upcoming week
mansooralrhyb
🔴According to #mansooralrhyb , S&P Global announced on August 10 that the U.S. Consumer Price Index data for July will be a key economic indicator for the next week. Markets are eagerly awaiting the report amid expectations that tariffs will lead to rising inflation. While recent developments in tariffs (including the increase in tariffs imposed on August 7 and the recent threat of a 100% tariff on chips) indicate rising inflation, the overall U.S. consumer price inflation remained below 3.0% in the second quarter.,
🟢It is worth noting that the U.S. Global Purchasing Managers' Index (S&P Global US PMI), a key indicator of consumer price trends, has already hinted at the possibility of rising inflation in the second half of 2025. Therefore, the upcoming Consumer Price Index data will confirm whether prices have begun to rise at an accelerated pace in July. This is crucial for the monetary policy of the Federal Reserve, which is currently adopting a wait-and-see approach due to potential price volatility. (Jinshi),
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