{"id":41732,"date":"2025-08-12T13:31:57","date_gmt":"2025-08-12T13:31:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41732"},"modified":"2025-08-12T13:31:57","modified_gmt":"2025-08-12T13:31:57","slug":"u-s-july-cpi-rose-softer-than-hoped-2-7-but-core-rate-of-3-1-disappoints","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41732","title":{"rendered":"U.S. July CPI Rose Softer Than Hoped 2.7%, but Core Rate of 3.1% Disappoints"},"content":{"rendered":"<div>\n<p>U.S. inflation data for July came in mixed, with headline numbers better than forecast, but the core rate rising faster than expected.<\/p>\n<p>The July U.S. Consumer Price Index rose 0.2%, according to the Bureau of Labor Statistics. Economist forecasts had been for 0.2% and June&#8217;s pace was 0.3%.<\/p>\n<p>On a year-over-year basis, CPI was higher by 2.7% against 2.8% expected and 2.7% previously.<\/p>\n<p>Core CPI, which excludes food and energy, rose 0.3% from the prior month, compared with forecasts for 0.3% and June\u2019s 0.2% gain. On a yearly basis, core CPI increased 3.1%, versus expectations of 3% and June\u2019s 2.9%.<\/p>\n<p>The data likely isn&#8217;t far enough off from forecasts to lower expectations for a potential Federal Reserve interest rate cut as soon as September, with market-implied odds at 84% before the release, <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\">according to CME FedWatch<\/a>. Fifteen minutes following the mixed numbers, those odds had risen to 90%.<\/p>\n<p>Ahead of the report, bitcoin (BTC) was trading near $118,500, as traders hedged <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/12\/bitcoin-usd115k-bets-in-demand-as-downside-fears-grip-market-ahead-of-u-s-cpi-report\">downside risks with short-dated put options<\/a>. In the minutes after the release, BTC rose very modestly to just under $119,000.<\/p>\n<p>A check of traditional markets finds U.S. stock index futures on the rise following the CPI, with the Nasdaq 100 and S&amp;P 500 each ahead about 0.6%. The dollar has softened a bit and the 10-year U.S. Treasury yield dipped three basis points to 4.26%.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/12\/markets-today-bitcoin-ether-hold-gains-as-ethena-hits-usd11-9b-tvl-and-pudgy-penguins-race-to-f1\">Markets Today: Bitcoin, Ether Hold Gains as Ethena Hits $11.9B TVL, Pudgy Penguins Race to F1<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. inflation data for July came in mixed, with headline numbers better than forecast, but the core rate rising faster than expected. The July U.S. Consumer Price Index rose 0.2%, according to the Bureau of Labor Statistics. Economist forecasts had been for 0.2% and June&#8217;s pace was 0.3%. On a year-over-year basis, CPI was higher [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41732","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41732"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41732\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}