U.S. Retail Sales Jump 0.6% in June, Beating Expectations
🔍 Key Takeaways 📈 Consumer Spending Rebounds in June U.S. retail sales rebounded sharply in June 2025, rising 0.6% month-over-month, after two months of declines. The reading beat economists’ forecast of a modest 0.1% increase, signaling that consumer demand remains...
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Fed’s Kugler Warns Tariffs Driving Inflation, Supports Holding Rates Steady
📌 Key Takeaways Kugler: Tariffs Threaten Inflation Outlook Federal Reserve Governor Adriana Kugler said Thursday that interest rates should remain steady “for some time” due to rising inflation pressures, particularly from Trump administration tariffs now affecting consumer prices. Speaking at...
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Bitcoin Climbs as Trump Softens Tone on Firing Fed Chair Powell
📌 Key Takeaways Trump Denies Powell Firing: Markets React On Wednesday, President Donald Trump publicly stated that his administration is “not planning” to fire Federal Reserve Chairman Jerome Powell, despite persistent rumors to the contrary. Speaking to reporters, Trump softened...
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S&P 500 Closes Higher as Trump Denies Firing Fed Chair Powell, Tariff Risks Remain
📌 Key Takeaways 📉 Trump Quells Fed Speculation, Markets Breathe a Sigh of Relief On Wednesday, U.S. stocks closed higher after President Donald Trump denied rumors that he would imminently fire Federal Reserve Chair Jerome Powell. Speaking to reporters, Trump...
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US Producer Inflation Flatlines in June 2025: Core PPI and Annual Rate Fall Below Forecasts
📌 Key Takeaways U.S. Producer Prices Show No Growth in June The U.S. Producer Price Index (PPI) remained flat in June 2025 compared to May, according to the latest Labor Department data. This surprised analysts, who had expected a 0.2%...
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