Canada wholesale trade, June 2025

Fed Gov. Nominee Miran says: • Inflation seem benign • Does not comment on rate policy given his nomination is pending • Thinks the Fed is an independent agency and the Pres. has the right to opine. Nothing new here. US CEA's Miran: Over time, other countries will bear the cost of tariffs

U.S. import prices increased 0.4 percent in July, the U.S. Bureau of Labor Statistics reported today, following a 0.1-percent decrease in June. Higher prices for nonfuel imports ...

Fed's Goolsbee: US inflation picture has been mixed. FED'S GOOLSBEE: STILL NEED ANOTHER INFLATION REPORT TO FIGURE OUT IF STILL ON GOLDEN PATH LET'S NOT OVERREACT TO ONE MONTH OF PPI, CPI, IMPORT PRICES, BUT AN AREA OF CONCERN Fed's Goolsbee: Need To Figure Out What Part Of Price Increases To Ignore, Which To Respond To - Don't Need To Hold Rates Forever - If Keep Getting Inflation Reports Like We Had Earlier, Totally Fine To Bring Rates To Where They Will Settle Federal Reserve's Goolsbee Says If There Is Any Sign by September or Later That Inflation Is Not Spiraling, They Can Lower Interest Rates