Woofun AI reports that the U.S. Department of Labor will release June CPI data at 20:30 Beijing time. The report includes non-seasonally adjusted CPI YoY (expected 3.80%, prior 4.20%) and seasonally adjusted CPI MoM (expected -0.1%, prior 0.5%).

Fed Governor Waller stated that persistent inflation above the 2% target may necessitate near-term rate hikes, describing current policy as being at a "crossroads." Analysts expect gasoline price drops to drive overall CPI down, while core CPI is projected to rise 0.2% MoM.