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📈 Economy · Next Month

US Consumer Price Index (CPI) for July 2026 exceeds 4.0% year-on-year at publication (approx. August 12, 2026)

Miss ✦ AI-generated prediction Published on 12. July 2026 · Predicted for 12. August 2026 · Based on: Historical Cycle
Probability
48%

The June CPI (released July 14) is estimated at ~3.7–3.8% YoY, down from 4.2% in May (Octagon AI; Cleveland Fed Nowcast: 3.96%). Polymarket prices a 98% probability that US inflation will exceed 4% at some point in 2026. For July (August release), three structural factors point upward: (1) tariff pass-through effects on consumer goods are expected to fully materialise from July — numerous protective tariffs became effective in July 2026; (2) a weak base effect from July 2025; (3) May 2026 PPI was +6.5% YoY (BLS) as a leading indicator. Counterweight: energy price declines could dampen headline inflation. Not covered by any existing open prediction (existing only covers June CPI >3.5%).

Data basis for this prediction
  • Octagon AI: Juni CPI YoY Zentralerwartung 3,7–3,8% (octagonai.co, 12.07.2026)
  • Polymarket: 98% Chance >4% als 2026-Jahreshöhepunkt (polymarket.com, 12.07.2026)
  • Cleveland Fed CPI Nowcast Juni: 3,96% YoY (clevelandfed.org, 12.07.2026)
  • PPI Mai 2026: +6,5% YoY, höchster Wert seit Nov. 2022 (BLS, 10.06.2026)

Note: This is an AI-generated statistical forecast for entertainment and information purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument.

Verdict: Miss
Der tatsächliche US-CPI für Juli 2026 (veröffentlicht am 12. August 2026, BLS) lag bei +3,4 % im Jahresvergleich – deutlich unter der Vorhersageschwelle von 4,0 %. Die Inflation sank sogar leicht gegenüber dem Juni-Wert von 3,5 % (zweiter Rückgang in Folge). Gründe für das Verfehlen: (1) Der erwartete Tariff-Pass-Through schlug nicht so stark durch wie angenommen; (2) der Energiepreisrückgang dämpfte die Headline-Inflation stärker als prognostiziert; (3) die Basis-Effekte aus Juli 2025 waren schwächer inflationstreibend als kalkuliert. Core-CPI lag bei 2,5 % YoY. Quellen: BLS (bls.gov/news.release/archives/cpi_08122026.htm), CNBC (cnbc.com/2026/08/12/cpi-inflation-report-july-2026.html), Advisor Perspectives (advisorperspectives.com), CPI Inflation Calculator (cpiinflationcalculator.com).
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The DAX closed at 25,562 points on September 9, 2026. A gain of +1.7% is required by month-end. Headwinds: ECB rate hike to 2.50% (September 10), 53% FOMC hike probability (September 16), persistently high oil prices (~$101/barrel Brent) weigh on energy-intensive DAX heavyweights. Tailwinds: strong SAP cloud growth expected, robust US demand, EUR/USD at 1.1644 benefits exporters. Implied 30-day volatility (VDAX): ~16%, corresponding to a σ range of roughly ±5.5% by month-end — the 26,000 level falls within the central distribution.

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US Federal Reserve raises the Federal Funds target range by 25 basis points on 16 September 2026 (FOMC decision)

Polymarket shows a 53% probability for a 25 basis point hike as of September 10, 2026. US Core CPI August 2026 (release September 11) is expected by market consensus to be above 3.0% YoY. The ECB raised its deposit rate by 25 bps to 2.50% on September 10, 2026 – an inflation-fighting signal that provides cover for the Fed. Against a hike: a mild slowdown in US industrial output. CME FedWatch also shows ~53% probability for a hike.

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Bitcoin (BTC/USD spot) closes above $100,000 per unit on December 31, 2026 (confirmed by Bloomberg or CoinGecko by December 31, 2026)

Bitcoin at $78,136 (September 9, 2026). Kalshi markets assign ~83% probability of BTC touching $100,000 at any point in 2026. Polymarket gives BTC 68% odds to close above $90,000 by year-end. A year-end close above $100,000 (not just a touch) is more demanding: median year-end contract estimates imply ~$81,000. Arguments for >$100k close: historical Q4 seasonality (+49% in Q4 2024, +56% in Q4 2023), ETF inflows, institutional demand. Headwinds: active Fed hiking cycle (~3.75% current funds rate), 10yr yield at 4.86%.

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