WS #14016
Flat July PPI reinforces soft inflation, boosting equities to record highs with S&P 500 and Nasdaq up, while Fed rate hike expectations diminish. White House report accuses 40+ countries, including India, of transshipment to evade tariffs, with plans for AI-driven enforcement and potential retroactive tariffs.
Soft Inflation and Record Highs
Flat July PPI reinforces soft inflation, boosting equities to record highs with S&P 500 and Nasdaq up, while Fed rate hike expectations diminish.
White House report accuses 40+ countries, including India, of transshipment to evade tariffs, with plans for AI-driven enforcement and potential retroactive tariffs.