 This is a Bloomberg Money Minute. And this is the day with the inflation data Wall Street's been waiting to see. It sent the Nasdaq and S&P to new closing highs again in anticipation. The June inflation report arrives this morning. Economists surveyed by Bloomberg expect price gains moved just a tick higher last month, a tenth of a percent month over month, with a year-over-year increase just topping 3%. The Federal Reserve wants to see inflation hit the 2% rate.