🇺🇸 US CPI — Key Event Today
🕧 12:30 GMT — Wednesday, August 12
The US July CPI report is the major market-moving event today. It is scheduled for 12:30 GMT, with markets closely watching whether inflation is cooling or remaining sticky.
Core CPI m/m
Forecast: 0.2% | Previous: 0.0%
Core CPI y/y
Forecast: 2.5% | Previous: 2.6%
CPI m/m
Forecast: 0.1% | Previous: -0.4%
CPI y/y
Forecast: 3.4% | Previous: 3.5%
⚡ Key Reaction Guide
Actual > Forecast → USD strengthens 📈 → Gold bearish 📉
Actual < Forecast → USD weakens 📉 → Gold bullish 📈
The Core CPI deserves particular attention, as a hotter-than-expected reading could reinforce expectations for a more cautious Fed, while softer inflation could support expectations for easier policy and put pressure on the USD.
1August 12, 2026 2.8K 3
