PANews reported on August 10 that recent tariff moves, including a 100% chip tariff threat, may drive inflation higher, making July CPI and US PMI data critical.
According to PANews on August 10 and citing Jinshi, S&P Global noted that July US CPI data is crucial amid recent tariff developments that could spur inflation, even as Q2 consumer price inflation remained below 3.0%. US PMI data also hints at a potential inflation rise in the second half of 2025, a factor key for the Federal Reserve's policy approach.