Surprised the SP likes this so much, first decrease in factory orders this year and manufacturing more generally looking rough. That typically doesn't bode well for the macro condition in the near future. Edit: Looks like it was inventory buildup ...

S&P Global US Flash PMI

Locking in tariff rates with these 'trade deals' means no more TACO, will drag on corporate earnings and/or retail spending. If these rates were announced on Liberation Day the market would have tanked, but it has been beaten into submission now.

US and EU close in on 15% tariff deal: FT

Wasn't Japan at 25% previously? I guess $550 billion can only buy so much favor. Rice imports should take some pressure off Ueda though, big component of the headline inflation figures.

Trump: We just completed deal with Japan, will invest $550 Billion, pay tariffs to the US of...

Ah yes, Powell must make way for the puppet chair to ensure that the Fed is independent.

Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to...

JGB long end going to go crazy

Japan’s ruling coalition lost its majority in upper house elections on Sunday, exit polls...

Yeah I agree, my original comment is making fun of how commentors usually react. This data is not and should not be used for predicting inflation, only useful to see how the average Joe is feeling (usually not correlated well with actual inflation). ...

US UoM Consumer Sentiment Index improves to 61.8 in July vs. 61.5 expected

Where are all the comments calling this fake data?

US UoM Consumer Sentiment Index improves to 61.8 in July vs. 61.5 expected

Simplistic explanation, firms can act in a number of ways. What if rather than layoffs they raise prices of their services to recover their profit margins? I think this is more likely, as the price increase would be gradual vs. shock due to ...

Fed Daly: Still have some work to do on inflation

So tariff inflation appearing in goods inflation but not in service inflation yet, all things equal leaning towards cut. Question is if we see goods to services spillover moving forward. My bet is we will

Fed Daly: Still have some work to do on inflation

Can these guys please add some jobs? Just one month? Please?

Labour Force, Australia, June 2025

image

Lawmakers say Trump indicated he will fire Fed Chair Powell: CBS

Soap opera!

House procedural vote to advance a pair of crypto bills just failed

If this is low I don't want to see high

Trump: Consumer Prices Low. Bring down the Fed Rate, Now!!! Fed should cut Rates by 3 Points

They could have copied and pasted this title, they have been saying the same thing for months and hasn't come true yet

US June inflation expected to show tariff-driven uptick as Trump escalates trade threats

Last nationwide core/core cpi was 1.6% Trying to will yen strength into existence through words lol

BOJ to consider raising its fiscal 2025 consumer inflation forecast at the July 30-31 meeting

I'm cooked on Sunday

Trump imposes 30% tariffs on EU, Mexico

The Treasury Department noted that the month benefited from calendar adjustments, without which the deficit would have been $70 billion.

US Treasury posts unexpected surplus in June as tariff receipts surge

The website your quote comes from literally says so, scroll down XD

Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell

I think that might be in reference to the British tabloid 'The Morning Star,' not 'Morningstar'

Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell

What a brilliant situation he has put Powell in -- any cut now looks like undermining Fed independence. Less likely to cut now

Trump: Fed rate is at least 3 points too high, lower the rate!