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Federal Reserve Governor Cook: There are reasons to believe that inflation will continue to cool, but tariffs, Middle East conflicts, and investments in artificial intelligence could lead to persistent price pressures, and related risks remain.

2026-07-16

Federal Reserve Governor Cook: There are reasons to believe that inflation will continue to cool, but tariffs, Middle East conflicts, and investments in artificial intelligence could lead to persistent price pressures, and related risks remain.

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2026-07-15

Fed's Williams said the current monetary policy stance is well positioned to bring inflation back to target and that inflation is "undoubtedly too high." He flagged large-scale AI-related investment as a key uncertainty: while he expects AI spending

Fed's Williams said the current monetary policy stance is well positioned to bring inflation back to target and that inflation is "undoubtedly too high." He flagged large-scale AI-related investment as a key uncertainty: while he expects AI spending to boost productivity materially over time, the economy is in a race between supply and demand and the size and duration of any imbalance are "highly uncertain." He noted that in some goods categories demand growth still outpaces supply. Williams said the current policy stance, around 3.5%–3.75%, is sufficient to guide inflation back to target. Energy and related commodities prices appear to have peaked and are expected to retreat toward levels seen before the first Strait of Hormuz closure, though risks remain.
2026-07-15

China NBS: Jan–Jun property developers’ housing construction area totaled 5,540.5 mn sq m, down 12.5% YoY. Residential construction area was 3,844.5 mn sq m, down 12.9% YoY. New starts were 232.4 mn sq m, down 23.4% YoY; residential new starts 169.0

China NBS: Jan–Jun property developers’ housing construction area totaled 5,540.5 mn sq m, down 12.5% YoY. Residential construction area was 3,844.5 mn sq m, down 12.9% YoY. New starts were 232.4 mn sq m, down 23.4% YoY; residential new starts 169.0 mn sq m, down 24.1% YoY. Completions were 172.2 mn sq m, down 23.7% YoY; residential completions 121.5 mn sq m, down 25.3% YoY.
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