Federal Reserve Chair Kevin Warsh said the central bank still has work to do on inflation.

Overseas media reported Tuesday's US CPI missed expectations; core CPI and related persistence gauges also undershot. The Fed-tracked services ex-energy inflation measure was flat in June after a 0.3 pct rise in May. Fed officials, concerned that underlying or structural inflation may persist, have flagged services inflation as a key watch because services price pressures are typically more persistent and evolve more slowly than energy.

高盛預計，與戰爭和油價飆升的影響類似，關稅和AI需求對美國PCE數據的影響預計將在未來幾個月逐漸消退。