CIBC Private Wealth US CIO Gary Puzzegio said hawkish comments on price stability from Fed officials and a batch of soft data (CPI and nonfarm payrolls) may be sufficient to keep the Fed on hold in July. Rate futures point to a July pause, he said, but expectations for a September rate increase have been rising. With geopolitical risks and substantial time before the Sept. 16 meeting, the Fed will have more data to digest.

2026-07-29

CIBC Private Wealth US CIO Gary Puzzegio said hawkish comments on price stability from Fed officials and a batch of soft data (CPI and nonfarm payrolls) may be sufficient to keep the Fed on hold in July. Rate futures point to a July pause, he said, but expectations for a September rate increase have been rising. With geopolitical risks and substantial time before the Sept. 16 meeting, the Fed will have more data to digest.

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2026-07-29

也門胡塞武裝:武裝部隊將繼續對沙特敵人實施海上封鎖,以貫徹“以封鎖回擊封鎖”及全面升級對抗的策略。

2026-07-29

China's Ministry of Ecology and Environment and the NDRC, with 18 other ministries, issued the National Climate Change Fifteenth Five-Year Plan on the 29th, setting policy and market measures through 2030. By 2030, CO2 emissions per unit of GDP are targeted to fall 17% versus 2025. The national carbon emissions trading market is expected to cut covered industries' CO2 emissions per unit product by about 3% versus 2025. Authorities will build a voluntary nationwide greenhouse gas reduction tradin