U.S. CPI Update & Global Outlook
U.S. CPI Rise: The U.S. headline CPI rose 0.3% in June (month-on-month) and 2.7% year-on-year—matching market expectations. Core CPI (excluding food and energy) climbed 0.2% monthly and 2.9% annually .
Market Watch: Investors are bracing for the July CPI release, due August 12—it’s critical for gauging Fed policies and broader market direction .
Data Integrity Concerns: Recent high-profile changes at the Bureau of Labor Statistics have stoked Wall Street’s skepticism about CPI accuracy and its implications for trust in markets and inflation-linked assets .
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