TARIFF PRICE PRESSURE LINGERS Tariffs may keep pushing inflation higher, New York Fed researchers said. While many U.S. firms have already passed costs to customers, nearly half of tariff-paying businesses still plan more price hikes. Some firms are delaying increases because of long-term contracts or raising prices gradually to avoid shocking customers. *Walter Bloomberg (@DeItaone) / Twitter · 07-08 23:48
BITCOIN RISES AS RATE FEARS EASE Bitcoin edged higher after weaker-than-expected U.S. jobs data reduced expectations for further Federal Reserve rate hikes. Investors also welcomed comments highlighting moderating inflation, while the Fed maintained a data-dependent stance. Markets now await the Fed's June meeting minutes, with a 25-basis-point rate hike before year-end still viewed as possible. *Walter Bloomberg (@DeItaone) / Twitter · 07-06 20:32
DOLLAR STRENGTH SET TO CONTINUE The U.S. dollar could keep rising in the second half of 2026 as strong economic growth supports higher interest rates, according to Societe Generale. The bank expects the DXY dollar index to climb to 103.6 by year-end, while the euro could weaken to $1.11. Robust growth may also keep inflation above target, limiting pressure for rate cuts. *Walter Bloomberg (@DeItaone) / Twitter · 07-06 19:33
FED'S DALY: AI INVESTMENT SHOCK HAS PEOPLE WONDERING IF IT WILL BE INFLATIONARY *Walter Bloomberg (@DeItaone) / Twitter · 07-02 21:05
Inflation peaked in May as energy prices fell in June, Kalshi traders think CNBC.com - Stock Market Headlines · 07-02 01:25
BOFA CEO DISMISSES RECESSION FEARS Bank of America CEO Brian Moynihan said higher interest rates are not a sign of recession but reflect a resilient U.S. economy and the Fed's effort to control inflation. Despite BofA forecasting three Fed rate hikes, Moynihan expects economic growth to remain strong while inflation gradually eases. *Walter Bloomberg (@DeItaone) / Twitter · 07-02 00:03
U.S. MANUFACTURING COOLS IN JUNE U.S. manufacturing activity slowed in June, with the ISM index falling to 53.3 from 54.0, below expectations. New orders eased, while the prices paid index dropped sharply to 73.0, signaling softer inflation pressures. The employment index improved to 49.7 but remained below the 50 expansion threshold. *Walter Bloomberg (@DeItaone) / Twitter · 07-01 23:00
*HASSETT SAYS GROWTH POSES NO INFLATION RISK