...The Cleveland Fed Inflation Nowcast is looking for a month-over-moth uptick.
From the Federal Reserve Bank of Cleveland, updated through today:
Inflation, month-over-month percent change
Month CPI Core CPI PCE Core PCE Updated
July 2025 0.16 0.24 0.16 0.22 07/14
June 2025 0.25 0.23 0.23 0.22 07/14
Note: If the cell is blank, it implies that the actual data corresponding to the month for that inflation measure have already been released.
....MUCH MORE, including year-over-year guesses nowcasts (2.64% vs last month's 2.4% YoY)
For comparison, the June 11 BLS release of the May numbers had both headline and core printing at a 0.1% increase. (and YoY headline at 2.4%)
