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16th Jul 2025 09:09USDaily Monitor

  • PPI and CPI data collectively point to a 0.28% increase in the June core PCE deflator; tariffs mostly to blame.
  • The core PPI was unchanged partly due to a plunge in prices charged for accommodation, which are volatile.
  • Announcing a shadow fed Chair is a bigger risk than removing Mr. Powell immediately from his post.

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Keywords for: 17 July 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence