Economy.com: Daily Update
| Today's Economy
Economic Roundup: Fed Will Continue to Wait and See A July rate cut is likely off the table, but the FOMC is looking for the right time to cut. Europe Daily Briefing: 200% on Pharma? U.S. threatens higher pharmaceutical tariffs. Asia-Pacific Daily Briefing: Few Bright Spots in China Inflation Data Food prices fell in June, but there were signs of a rebound in discretionary spending. Economic Roundup: A Little Less Uncertainty on Main Street Uncertainty fell to its lowest since December, as the administration has pulled back on some tariffs. » VIEW MORE TODAY'S ECONOMY
Commentary
Trade War Tracker: Reigniting the Confusion After a stretch of relative calm, tariff-related uncertainty is back dominating headlines. Mexico Outlook: Prolonged Weakness in 2025 The economy is headed to a mild contraction this year. Hungary Outlook: Growth Stalls Amid Domestic Strain and Global Headwinds Domestic fragility and geopolitical uncertainty will weigh on Hungary’s recovery. U.S. Inflation Tracker: Waiting and Seeing While monthly price fluctuations are less important to policy decisions today, this will soon change. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Monetary policy
Jul. 2025: 2.75%
Bank Negara Malaysia cut its overnight policy rate 25 basis points to 2.75%, the first change in the key interest rate since May 2023. United States
MBA Mortgage Applications Survey
July 04: 9.4%
Mortgage applications rose 9.4% last week as rates continued their downward slide, with the Mortgage Bankers Association composite index indicating strong activity across both market segments. Mexico
Consumer Price Index
Jun. 2025: 4.32% y/y
In June, Mexico’s annual inflation showed a slight improvement but still exceeded the central bank’s upper limit. United States
Moody's Analytics Used Vehicle Price Indexes
Jun. 2025: 0.36 % y/y
In June, the Moody’s Analytics Seasonally Adjusted Used Vehicle Sale Price Index increased 0.36% year over year and 0.23% month over month. United States
Wholesale Trade (MWTR)
May. 2025: -0.3% m/m
After rising by 0.1% in April, wholesale inventories fell by 0.3% in May. United States
Oil Inventories
July 04: 426.0 mil barrels
A surprise oil inventory build last week will likely weigh on crude prices. United States
FOMC Minutes
Jun. 2025:
According to the minutes from June’s Federal Open Market Committee meeting, policymakers felt a little less anxious about the economy than they did in May, though uncertainty remained unusually high. South Korea
Monetary Policy
Jul. 2025:
» VIEW MORE ECONOMIC INDICATORS |
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