The FOMC meeting that was held the previous week to discuss upcoming decisions addressed the future of the economic landscape. During his remarks, Jerome Powell stated that inflation will rise in the future, with consumers bearing the burden. Many have speculated that this means reductions in current rates are unlikely to happen anytime soon, in an attempt to keep inflation under control. Another notable release was the leading economic indicators, which once again showed contraction—signaling the potential for further economic decline. Leading Economic IndicatorsThe Leading Economic Indicator (LEI) for the US inched down by 0.1% in July 2025 to 98.7…

This marks the first release of CPI and PPI data since the recent reduction in data collection that is used to determine the current inflation. The Producer Price Index has shown quite clearly that there has been the biggest whole price jump in the last 3 years, showing that the administration's policies on tariffs are having an impact. The CPI has shown a similar increase in inflation, but still within expectations in lieu of the current tariff policies.  There is still data to be collected, with some speculation that the Federal Reserve may implement rate cuts in the future. Consumer…

The major report to look out for was the Trade Balance, which has decreased more than expected, suggesting that the current administration's policies are having an impact. However, the long-term impact on the economy as a whole remain to be seen. This was followed closely by consumer credit, which came in far lower than expected, though many are predicting that consumer credit usage will grow over time. While the labor market remains constrained, the consumer market has remained stable in spite of the uncertainty brought on by the tariff policies. Trade BalanceThe U.S. Census Bureau and the U.S. Bureau of…