The Federal Reserve is still hawkish.
The July FOMC minutes show no change in tone, the last five meetings have all scored as hawkish in our Fed Communications Index.
That’s not what you’d expect if the Fed were preparing to accelerate rate cuts.
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The July FOMC minutes show no change in tone, the last five meetings have all scored as hawkish in our Fed Communications Index.
That’s not what you’d expect if the Fed were preparing to accelerate rate cuts.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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Denmark has scrapped its 25 percent tax on books, framing the move as a remedy for the country’s deepening “reading crisis.”
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BREAKING:
PHILIPPINES INTRODUCES BILL TO CREATE A NATIONAL BITCOIN RESERVE.
THIS IS MASSIVE !!!
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
PHILIPPINES INTRODUCES BILL TO CREATE A NATIONAL BITCOIN RESERVE.
THIS IS MASSIVE !!!
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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Americans are spending less on dining out:
Retail sales at food services and drinking places have been flat over the last 3 months, the weakest growth since February 2025.
This is also the 3rd-lowest reading in 2.5 years.
Concerningly, the slowdown is taking place during the summer season rather than in February or March, as in previous years.
Households are seeing less disposable income and a weakening job market which are shifting purchases toward essentials and away from discretionary items.
US consumers are still struggling due to inflation.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Retail sales at food services and drinking places have been flat over the last 3 months, the weakest growth since February 2025.
This is also the 3rd-lowest reading in 2.5 years.
Concerningly, the slowdown is taking place during the summer season rather than in February or March, as in previous years.
Households are seeing less disposable income and a weakening job market which are shifting purchases toward essentials and away from discretionary items.
US consumers are still struggling due to inflation.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
💯1