U.S. CPI Data – June 2025
The latest Consumer Price Index (CPI) report for June 2025 is out, showing inflation heating up again:
Monthly CPI (headline): Increased by 0.3%, the biggest jump since January.
Annual CPI (headline): Rose to 2.7%, up from 2.4% in May.
Core CPI (excludes food & energy): Up 0.2% for the month, with an annual increase of 2.9%.
🧭 Market Impact
Stock futures reacted mixed: the Dow dipped slightly, while Nasdaq and S&P 500 futures moved higher.
Treasury yields slipped, and gold gained, reflecting cautious investor sentiment.
Rate Cut Outlook: The Fed is now more likely to delay interest rate cuts, potentially pushing decisions to the fall.
🧠 Key Takeaways
The rise in inflation is largely driven by tariff-related price pressures and higher energy costs.
The numbers came in as expected by economists, who forecasted a 0.3% monthly and 2.7% annual rise.
While inflation is still under control, the uptick signals caution ahead.