CPI Preview: Are Tariffs Finally Poised to Move Inflation?

CPI Preview: Are Tariffs Finally Poised to Move Inflation?

The CPI Report That’s Gonna Be the Talk of Wall Street

Feels like we’re hitting the same old wall again: the tariffs from the past few months haven’t nudged prices up the way we hoped. But hey—this Wednesday’s CPI numbers are about to get a close look. Wall Street’s crystal ball is all set with a tidy little forecast.

What the Bells Are Ringing Out

  • June’s CPI jump: Expect a tidy +0.3% month‑over‑month rise – that’s a nice bump from last month’s +0.1%.
  • Core CPI is following the same play: Another +0.3% lift is on the cards for June, matching the core’s +0.1% in May.

Bottom line: banks are bracing themselves for a steady climb, and we’re ready to see if the tariffs finally do what they’re supposed to—push those prices a smidge higher.