August 14, 2025 United States: US Producer Prices Rise by Most in Three Years on Services   US wholesale inflation accelerated in July by the most in three years, suggesting companies are passing along higher import costs related to tariffs.   The producer price index increased 0.9% from a month earlier, the largest advance since

August 13, 2025 United States: Bessent Urges Fed to Lower Rates by 150 Basis Points or More   US Treasury Secretary Scott Bessent made his most explicit call yet for the Federal Reserve to execute a cycle of interest-rate cuts, suggesting the central bank’s benchmark ought to be at least 1.5 percentage points lower than

August 12, 2025 United States: US Core CPI Picks Up on Services, Goods Inflation More Subdued   Underlying US inflation accelerated in July to the strongest pace since the start of the year, though a tepid rise in goods prices tempered concerns about tariff-driven price pressures.   The core consumer price index, excluding the often

August 8, 2025 United States: US Productivity Rebounds in Second Quarter as Output Picked Up   US labor productivity rebounded in the second quarter along with the economy, resuming a trend of efficiency gains that are helping keep a lid on wage-related inflationary pressures.   Productivity, or nonfarm employee output per hour, increased at a

August 5, 2025 United States: US Trade Gap Narrows to Tightest Since 2023 on Drop in Imports   The US trade deficit narrowed in June to the tightest since September 2023 as companies scaled back on imports after a massive surge earlier in the year.   The goods and services trade gap shrank 16% from

August 4, 2025 United States: US Treasury Rally Pauses With $125 Billion of Bond Sales Due   US Treasuries halted Friday’s rally as traders braced for a hefty slate of bond sales this week.   The yield on 10-year debt rose one basis point to 4.22%, trimming the steepest drop in a year on Friday.

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