Fed Goolsbee: There is a note of unease from the last CPI and PPI data

8 months ago 30

Japan's economy grew 1% on exports, beating forecasts. Watch for potential rate hikes amid rising prices and stagnant wages.

China's July slowdown deepens; fixed-asset investment falls 5.3%. Traders eye stimulus as trade war bites.

Tariffs drive consumer prices up 2.7% YoY. Ground beef hits $6.34/lb, eggs drop 13%. Traders watch inflation.

Japan's Topix hits record high on strong GDP! Banks surge 9.4%, SoftBank jumps 6.4% on AI hopes. BOJ rate hike speculation fuels yen.

AI's impact: JPMorgan sees jobless recovery as AI cuts white-collar roles, halving new grad openings.

Ethena's USDe faces 1,250% risk weighting from S&P; supply nears $11B amid high yields.

Economists predict a Sept Fed rate cut, but traders price in more. Inflation, tariffs & jobs data key. Fed independence questioned.

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