#CPIWatch July CPI report expected to show inflation accelerated amid tariff pressuresAccording to Bloomberg data, headline CPI is expected to have increased 2.8% year over year in July, up from a 2.7% rise in June. On a monthly basis, prices are forecast to increase 0.2%, a slight slowdown from June’s 0.3% gain, driven by lower gasoline prices and expectations of moderately softer food inflation.At the same time, growing consumer fatigue is making it more difficult to raise prices in general," House added. "We continue to expect inflation to pick up, but not ratchet higher, over the second half of the year, with both the core CPI and core PCE deflator returning to around 3% in the fourth quarter."$BTC $ETH