US manufacturers are equal – but they don’t take into account imports

Nobody likes to be the man who goes, “but in fact …”. However, sometimes it is necessary.

The price index in June was equal, which means that the wholesale prices remained stagnant from May to June. This may suggest that US President Donald Trump’s tariffs are amazing the economy less than feared, unlike what In June in June Consumer Price Index suggested.

But in fact, the IPP measures the prices at the manufacturer’s level – located in America. In other words, the index “does not include imports because Imports by definition is not made by domestic firms,” ” In the hall In the USA Bureau of Labor Statistics.

On the contrary, IPC views all the goods and services that the consumer acquires, regardless of their country of origin. According to BLS, “imports make up a considerable part of the IPC, especially into clothing and new cars.” While the new In June, vehicles prices fell by 0.3%, Those who grew up by 0.4%, Apparently, the effects of tariffs begin to be found in some IPC components.

But in fact, we may not know the complete tariff effect by August 1, when the updated tariffs have entered – provided that Trump continues.

Trump denies that he plans to dismiss Jerome Powell. Hours after Trump told republican legislators that he would FireAccording to the source, the US president said “don’t plan to do it” and that’s the case “Very unlikely.”

American shares are increasing on a rocky day of trading. Main American indices fell on Wednesday when Trump’s plans were reported on Powell’s dismissal but sharply bounced After he refused them. A Stoxx Europe 600 retreated 0.57%stretched out be in Asml Stocks.

Wholesale prices in the US were unchanged in June. A The manufacturer’s price index was equal For a month, compared to the Dow Jones’s consensus estimate by 0.2%. The title PPP increased by 2.3%annually, the lowest since September 2024.

Crypto -projects stumble in Congress. As of 17:30 ET, more than half a dozen Republicans voted with all Democrats against allow two bills providing Adjusting cryptocurrencyContinue them in current forms.

(Pro) Ether begins to exceed bitcoin. Since April is low, air scored more than 130%, more than twice as much as 60% jump bitcoin During the same period. Eth also escaped from the technical picture, referring to that it may have double -digit up.

Best in the Fintech company: 2025

Fintech flourishes as new technologies: from artificial intelligence to the cry of the financial world by storm – even if the industry continues to navigate the financing environment.

Against this background, CNBC and Statista have named the best 300 Fintech companies worldwide.

– Ryan Brown