#Binanceturns8
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US inflation is one of the most leading indicators in deciding interest rates. inflation is inversely related to interest rates.
"U.S. Inflation Shows Slight Increase in June Amid Tariff Impacts
According to BlockBeats, analysts have noted a slight acceleration in U.S. consumer price increases for June, following several months of low inflation. This change is attributed to businesses beginning to pass on the rising costs of tariff-related imported goods to consumers. Surveys of economists indicate that prices for goods and services, excluding the volatile food and energy sectors, rose by 0.3% in June, marking the largest increase in five months. In contrast, the core Consumer Price Index (CPI) saw only a 0.1% uptick in May."
While the upcoming report on Tuesday may show only a minor transfer of import tariff costs to consumers, many economists anticipate a gradual rise in inflation over time. This expectation comes as businesses remain hesitant to raise prices, and U.S. consumers exercise more spending restraint amid a cooling job market, creating a delicate balance.