An Ipsos poll found 71% of Democrats and 62% of Republicans favor stricter regulation of US social media apps.

Refinitiv survey: economists expect US July headline CPI 3.4% YoY (June 3.5%); core CPI 2.5% YoY (June 2.6%). Citi economists say two consecutive months of softer inflation readings would effectively rule out a September rate hike. Citi nonetheless expects core services inflation to tick up 0.3% MoM in July after being flat in May–June. BofA analysts say a rebound in core services could keep a September hike on the table. BofA analyst Kate Duguid adds that if the latter view wins and inflation prints below expectations, a Fed hike could be delayed to December or later.

Sky News: Yemeni sources say the Houthi group's fourth wave of missile and drone strikes targeted Mocha port and government forces' positions on the city's outskirts.