Market Uncertainty Grows Amid Revisions and Data Reliability Concerns
The upcoming July Consumer Price Index (CPI) report is expected to show a slight increase of 0.2% for the month and 2.8% annually, with tariffs contributing to inflation. However, recent staffing cuts and data collection reductions at the Bureau of Labor Statistics (BLS) may lead to increased revisions and volatility in the CPI data, complicating the assessment of inflation trends amid political tensions.
