An increase in the US inflation report for June or July 2025, relative to 2024's performance, will cause inflation to rise and move further from the 2% target.
"in the month of June or July, if I'm not mistaken, based off of 2024's performance, there was no increase. So, if there's any increase in 2025's inflation report, that would actually cause inflation to go up, pushing us further away from the 2% target that the Federal Reserve has."