July minutes reveal that worries about tariff-related inflation led to stable interest rates.
Federal Reserve’s July Meeting Insights The Big Money Show Panel has been diving into President Donald Trump’s ambitions to reshape the Federal Reserve under Jerome Powell. Recently released minutes from the Federal Reserve’s July gathering depict a cautious stance among policymakers, highlighting greater concern over inflation risks tied to tariffs than the labor market when […]
Details on the decision to maintain rates from the July meeting will be revealed in the Fed Minutes.
The minutes from the Federal Reserve’s meeting held on July 29th-30th will be released on Wednesday. Investors will closely analyze the discussions regarding the decision to keep the current policies unchanged. There’s a strong expectation in the market that the Fed might opt for a 25 basis point rate cut in September. The US Federal […]
Individuals involved in July 4 attack on ICE facility associated with anti-fascist group
In a recent incident, several individuals were arrested after an ambush outside an ice facility in Texas on July 4. Reports indicate these suspects may have links to shadowy anti-fascist groups and transgender activists. Some of those apprehended were thought to have attended a training session led by a former Marine, who faces terrorism charges […]
The danger that’s near: July inflation figures have economists worried
The market just wrapped up a week where the hotter-than-expected inflation figures barely raised eyebrows, yet a few economists caution that there’s more to the story than investors might be acknowledging. In July, the producer price index (PPI) hit three-year peaks, largely fueled by inflation in the services sector. A similar pattern was evident in […]
Foreigners favored BRAC Bank and Prime Bank in July but withdrew from BAT, Renata, and Reckitt.
Analysts highlighted that foreign investors lean towards companies with solid business potential and strong governance. In July, Prime Bank and Brac Bank attracted the most foreign portfolio investments, as interest in Bat Bangladesh, Renata, and Reckitt Benckiser Bangladesh diminished. Data from the Dhaka Stock Exchange (DSE) showed that net foreign portfolio investments rose by about […]
Retail sales increase by a steady 0.5% in July compared to June as consumers seem to overlook tariff impacts.
Shoppers Keep Spending Despite Tariffs NEW YORK – July saw a good amount of spending from shoppers, particularly at a national car dealership. It seems they might not be too worried about President Donald Trump’s tariffs. Retail sales climbed 0.5% last month, with stronger-than-expected spending also noted in June, according to a report from the […]
Fox News Digital leads the way in July compared to other media outlets
Fox News Digital Dominates in July In July, Fox News Digital maintained a strong lead, whereas CNN faced historic lows in audience engagement. This month saw significant events, including a severe flood in Texas and President Trump making headlines for various reasons, particularly after halting his “big beautiful bill.” Other notable stories included the verdict […]
EUR/USD falls back as US dollar strengthens following July PPI inflation increase
The EUR/USD dropped to 1.1650, a decrease of 0.45% for the day, breaking a two-day upward trend. The US Dollar Index (DXY) has bounced back past the key level of 98.00 after reaching a two-week low. US PPI data reflects a significant rise in July, with both headline and core figures exceeding forecasts. On Thursday, […]
Worries about inflation resurface as July PPI rises beyond expectations
Wholesale Inflation Surges in July Wholesale inflation unexpectedly increased in July, raising concerns about inflationary pressures in the economy. The Bureau of Labor Statistics revealed a 0.9% rise in the Producer Price Index (PPI) from June, marking a 3.3% increase compared to last year. This surge surpassed economists’ expectations, who predicted a modest 0.2% monthly […]
Wholesale inflation greater than anticipated in July
Wholesale prices saw a surprising jump in July, rising at a pace that was much higher than anticipated. The producer price index (PPI), which tracks the prices of goods and services for final demand, climbed by 0.9% in July. This increase is the largest seen since June 2022, as reported by the Bureau of Labor […]