July 31, 2025 United States: Key US Inflation Gauge Picks Up on Goods, Spending Barely Rises   The Federal Reserve’s preferred measure of underlying inflation increased in June at one of the fastest paces this year while consumer spending barely rose, underscoring the dueling forces dividing policymakers over the path of interest rates.   The

July 30, 2025 United States: US Economy Rebounds With 3% GDP Growth After Trade Reversal   US economic activity rebounded in the second quarter on a modest pickup in consumer spending and a marked drop in imports after a scramble to secure foreign goods earlier in the year.   Inflation-adjusted gross domestic product, which measures

July 29, 2025 United States: US Goods-Trade Deficit Narrows Thanks to Broad Drop in Imports   The US merchandise-trade deficit shrank in June by more than forecast, reflecting a broad decline in imports as the pre-tariff rush to secure goods unwinds.   The shortfall in goods trade narrowed 10.8% from the prior month to $86

July 28, 2025 United States: Fed Is Set for Contentious Debate as Investors Eye Fall Rate Cut   Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly contentious debate at this week’s policy meeting may bolster expectations for rate cuts in the fall.   Fed Chair Jerome

July 25, 2025 United States: US Core Capital Goods Orders Decline Amid Policy Uncertainty   Orders placed with US factories for business equipment unexpectedly declined in June, suggesting companies remained cautious about capital spending due to trade and government policy uncertainty.   The value of core capital goods orders, a proxy for investment in equipment