{"id":228779,"date":"2025-08-12T13:02:11","date_gmt":"2025-08-12T17:02:11","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=228779"},"modified":"2025-08-13T05:15:02","modified_gmt":"2025-08-13T09:15:02","slug":"stocks-mark-new-records-on-lighter-than-expected-cpi","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/","title":{"rendered":"Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">This morning\u2019s weaker-than-expected CPI report is sending stocks to fresh all-time highs as the print reinforced the notion that tariffs have yet to produce significant inflation. The soft numbers have fixed-income watchers dialing up the odds of a Fed reduction next month to a near certainty while penciling in approximately another 40 basis points of easing by year-end. Risk-on sentiments are dominating markets against this backdrop, with investors picking up equities in all 11 major sectors. The bullishness extends to bitcoins, forecast contracts as well as the copper, silver and gold metals. Conversely, folks are unwinding hedges as illustrated by lighter prices for volatility protection instruments and reducing their exposures to the greenback on narrowing rate differentials, while the lumber, natural gas and crude oil commodities face selling pressure. The yield curve, meanwhile, is descending in bull steepening fashion led by the short-end because these securities are benefiting from increased expectations for monetary policy accommodation, but strong growth forecasts and elevated term premiums are curbing gains for duration.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-inflation-remains-in-check\"><strong>Inflation Remains in Check<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This morning\u2019s Consumer Price Index (CPI) reflected stabilizing inflation amidst categories that are experiencing limited effects from tariffs. The 0.2% month-over-month (m\/m) and 2.7% year-over-year (y\/y) increases for July arrived in-line for the former but a tenth of a percent lighter on the latter. Overall, the upticks were weaker than June\u2019s 0.3% and 2.7%. The core category, which excludes food and energy due to their volatile characteristics, was hotter, however, rising 0.3% and 3.1% during the period, stronger than the 0.2% and 2.9% from the preceding interval. Additionally, the annualized number surpassed the 3% economist consensus expectation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-core-goods-aren-t-enough-to-move-the-needle\"><strong>Core Goods Aren\u2019t Enough to Move the Needle<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Despite folks being worried about price pressures for goods in today\u2019s CPI, it was non-housing services that generated increases in the report. Indeed, both transportation and medical care services posted sharp upticks of 0.8% m\/m. The former was driven by a significant jump in airline fares, potentially indicating a strong recovery in discretionary spending. Elsewhere, used automobiles, food at restaurants\/bars, shelter and apparel saw charges expand 0.5%, 0.3%, 0.2% and 0.1%. New cars were unchanged, but gasoline, energy services (electricity &amp; heating) and food at markets experienced m\/m deflation of 2.2%, 0.3% and 0.1%. Some more specific areas sensitive to trade, like toys, sporting goods and furniture, became costlier, but those components aren\u2019t enough to meaningfully move the needle over time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-much-evidence-is-needed\"><strong>How Much Evidence Is Needed?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Wall Street is taking this morning\u2019s CPI in stride as the case remains that an average tariff rate of 15% won\u2019t be enough to significantly propel inflation figures. And while the numbers quelled concerns related to core goods, for now, services pricing power is not a terrible thing for the macroeconomic environment. Indeed, heavier airplane fares indicative of rising consumer confidence and improving household shopping behaviors are a terrific dynamic coming off of a first half that saw depressed personal expenditures. Stocks are making new records today because there\u2019s little evidence of accelerating price pressures which is highly supportive of Federal Reserve rate cuts in the next few meetings, starting in September. Meanwhile, servicer ability to charge higher prices signals recovering momentum while a potential rebound in hiring helped by monetary policy accommodation bodes extremely well for the economy and corporate earnings going forward. Finally, 15% levies on physical products amounting to just 20% of the CPI is too limited to derail the cycle and odds are climbing that the Trump trade experiment may very well work out.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-international-roundup\"><strong>International Roundup<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-singapore-gdp-revised-higher\"><strong>Singapore GDP Revised Higher<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Global trade uncertainty has eased modestly but it continues to overshadow optimism for Singapore\u2019s economy, despite the island-nation\u2019s gross domestic product (GDP) growing 1.4% quarter over quarter (q\/q) from April through the end of June, according to the Ministry of Trade and Industry (MTI). The result, a reversal from the first-quarter\u2019s 0.5% decline, matched the economist consensus estimate and the initial read. Relative to the second quarter of 2024, GDP was up 4.4%, surpassing the 4.3% from the advance estimate and accelerating from the 4.1% print of the first three months of this year. Front-loading of purchases from US buyers to avoid tariffs provided a significant contribution to the recent results.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The MTI now estimates that 2025 GDP growth will range from 1.5% to 2.5%, an increase from its previous estimate of 0.0% to 2%. It points to recent US trade deals with the Eurozone, Japan, South Korea, and several Southeast Asian nations as examples of easing trade tensions. Nevertheless, geopolitical uncertainty continues to be a challenge for the economic growth of Singapore and the nation\u2019s trading partners.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-uk-payrolls-decline-again\"><strong>UK Payrolls Decline Again<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The number of payrolled workers shrank by 8,000 in July relative to June and by 164,000 compared to the year-ago period, according to preliminary estimates from the Office of National Statistics (ONS). The contraction follows June m\/m and y\/y declines of 26,000 and 149,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The ONS\u2019 favored survey, the HM Revenue and Customs Pay as You Earn Real Time Indicators, shows that payroll has dropped in 10 of the last 12 months. The May to July period, furthermore, experienced a 44,000 q\/q drop in job vacancies, marking the 37th consecutive decline.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Encouragingly, unemployment claims in July fell by 6,200 after dropping by 15,500 in June while economists expected a 19,700 increase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The UK\u2019s unemployment rate, as a three-month moving average, meet the economist consensus expectation and was unchanged at 4.7% while average earnings ex-bonus climbed 5% y\/y, consistent with the forecast and May\u2019s result.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This morning\u2019s weaker-than-expected CPI report is sending stocks to fresh all-time highs as the print reinforced the notion that tariffs have yet to produce significant inflation.<\/p>\n","protected":false},"author":903,"featured_media":206724,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[12711,18,6,8,9,3],"tags":[],"contributors-categories":[13760],"class_list":["post-228779","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ibkr-economic-landscape","category-macro","category-north-america","category-region","category-securities","category-traders-insight","contributors-categories-ibkr-macroeconomics"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025<\/title>\n<meta name=\"description\" content=\"This morning\u2019s weaker-than-expected CPI report is sending stocks to fresh all-time highs as the print reinforced the notion that tariffs have yet to...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/228779\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025 | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"This morning\u2019s weaker-than-expected CPI report is sending stocks to fresh all-time highs as the print reinforced the notion that tariffs have yet to produce significant inflation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-12T17:02:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-13T09:15:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/cpi-gold-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jose Torres\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jose Torres\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Jose Torres\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\"\n\t            },\n\t            \"headline\": \"Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025\",\n\t            \"datePublished\": \"2025-08-12T17:02:11+00:00\",\n\t            \"dateModified\": \"2025-08-13T09:15:02+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/\"\n\t            },\n\t            \"wordCount\": 901,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/cpi-gold-featured-img.jpg\",\n\t            \"articleSection\": [\n\t                \"IBKR Economic Landscape\",\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/\",\n\t            \"name\": \"Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025 | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/cpi-gold-featured-img.jpg\",\n\t            \"datePublished\": \"2025-08-12T17:02:11+00:00\",\n\t            \"dateModified\": \"2025-08-13T09:15:02+00:00\",\n\t            \"description\": \"This morning\u2019s weaker-than-expected CPI report is sending stocks to fresh all-time highs as the print reinforced the notion that tariffs have yet to produce significant inflation.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/stocks-mark-new-records-on-lighter-than-expected-cpi\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/cpi-gold-featured-img.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/cpi-gold-featured-img.jpg\",\n\t            \"width\": 1000,\n\t            \"height\": 563,\n\t            \"caption\": \"cpi gold\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\",\n\t            \"name\": \"Jose Torres\",\n\t            \"description\": \"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&amp;M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/jose-torres\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025","description":"This morning\u2019s weaker-than-expected CPI report is sending stocks to fresh all-time highs as the print reinforced the notion that tariffs have yet to...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/228779\/","og_locale":"en_US","og_type":"article","og_title":"Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025 | IBKR Campus US","og_description":"This morning\u2019s weaker-than-expected CPI report is sending stocks to fresh all-time highs as the print reinforced the notion that tariffs have yet to produce significant inflation.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/","og_site_name":"IBKR Campus US","article_published_time":"2025-08-12T17:02:11+00:00","article_modified_time":"2025-08-13T09:15:02+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/cpi-gold-featured-img.jpg","type":"image\/jpeg"}],"author":"Jose Torres","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jose Torres","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/"},"author":{"name":"Jose Torres","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e"},"headline":"Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025","datePublished":"2025-08-12T17:02:11+00:00","dateModified":"2025-08-13T09:15:02+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/"},"wordCount":901,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/cpi-gold-featured-img.jpg","articleSection":["IBKR Economic Landscape","Macro","North America","Region","Securities","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/","name":"Stocks Mark New Records on Lighter-Than-Expected CPI: Aug. 12, 2025 | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/cpi-gold-featured-img.jpg","datePublished":"2025-08-12T17:02:11+00:00","dateModified":"2025-08-13T09:15:02+00:00","description":"This morning\u2019s weaker-than-expected CPI report is sending stocks to fresh all-time highs as the print reinforced the notion that tariffs have yet to produce significant inflation.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/stocks-mark-new-records-on-lighter-than-expected-cpi\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/cpi-gold-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/cpi-gold-featured-img.jpg","width":1000,"height":563,"caption":"cpi gold"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e","name":"Jose Torres","description":"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&amp;M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/jose-torres\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/cpi-gold-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/228779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/903"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=228779"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/228779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/206724"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=228779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=228779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=228779"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=228779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}