📊 #CPIWatch – U.S. Prices Went Up in June

The latest U.S. inflation report is out, and it shows prices are rising again. Here's the simple breakdown:

🔹 What Happened?

Prices went up 0.3% in June (compared to May).

In the past 1 year, prices rose:

2.7% overall

3.0% for core items (without food and gas)

So, daily things like clothes, gas, and furniture cost more now.

🔹 Why Did Prices Go Up?

Gas prices increased again.

Tariffs (extra taxes on imports) made things like electronics and furniture cost more.

Some companies raised prices to cover their higher costs.

🔹 What About Interest Rates?

The Federal Reserve might not cut rates in July like many people hoped.

If prices keep going up, the Fed may wait till September or later to lower rates.

Lower interest rates help crypto and stocks, so this delay could affect prices.

🔹 What’s Next?

Watch for more price changes in July and August.

The Fed will look closely at rent, services, and wages before deciding.

📌 Quick Summary:

U.S. prices rose in June 📈

Tariffs are pushing prices higher

Rate cuts may come later

Crypto market may react soon

💬 What do you think—should the Fed still cut rates?

Let’s talk! 👇

#CPIWatch #CryptoNews #InflationUpdate #BinanceSquare #FedAlert #MarketWatch