The upcoming July CPI report on August 12 is expected to show a 0.2% monthly and 2.8% annual increase, with a 0.3% monthly and 3% annual rise in core CPI amid concerns over new BLS leadership and tariff impacts.
The US Labor Bureau will release the July CPI report on August 12 with forecasts of a 0.2% monthly and 2.8% annual increase, and a core CPI rise of 0.3% month-over-month and 3% year-over-year. The report is anticipated to reflect tariff-induced price hikes and follows recent leadership changes at the BLS that have raised trust concerns. Analysts warn that higher-than-expected CPI data could trigger market volatility and adversely affect digital assets such as Bitcoin and Ethereum, advising conservative trading around support levels near $112,000.