TechFlow, July 15 — According to Jinshi Data, the U.S. June CPI rose, potentially marking the beginning of the long-anticipated tariff-driven inflation increase, making the Fed cautious about resuming rate cuts. Data from the U.S. Bureau of Labor Statistics showed that after a slight 0.1% rise in May, the CPI increased 0.3% month-on-month in June—the largest gain since January. Year-on-year, it rose to 2.7% following a 2.4% increase in May. Core CPI rose 0.2%, and year-on-year reached 2.9%, after three consecutive months of 2.8%. Sharp increases in goods prices may be partially offset by modest rises in service costs, easing concerns over broad-based inflationary pressures. Weak demand limited price growth in service-related categories such as airfares, hotel and motel room rates.
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