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U.S. Market Awaits July CPI Data This Week; 3.4% Inflation Expected

2026-08-08 22:16:01

According to market expectations, U.S. financial markets are focusing on July inflation data to be released this week, particularly the Consumer Price Index (CPI) on August 12. The market anticipates July CPI to rise 3.4% year-over-year, slightly lower than June's 3.5% but still significantly above the Federal Reserve's 2% target. Meanwhile, Berkshire Hathaway reported second-quarter net income of $25.67 billion, representing a 107.5% increase compared to the same period last year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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