Compiled by: GaryMa Wu Blockchain
Summary
Wu Blockchain's macro indicators and analysis this week: Last week's Federal Reserve meeting minutes reiterated a cautious policy stance, with market expectations of a July rate cut being slim. This week, key focus will be on the US June inflation data CPI & PPI, the Federal Reserve's Beige Book on economic conditions, and speeches by Federal Reserve officials.
Last Week's Review
Key Events & Indicators This Week
July 14
July 15
July 16
July 17
July 18
Summary
Wu Blockchain's macro indicators and analysis this week: Last week's Federal Reserve meeting minutes reiterated a cautious policy stance, with market expectations of a July rate cut being slim. This week, key focus will be on the US June inflation data CPI & PPI, the Federal Reserve's Beige Book on economic conditions, and speeches by Federal Reserve officials.
Last Week's Review
- The Federal Reserve released the minutes of the June monetary policy meeting, reviewing recent financial market and economic conditions. The meeting noted that although inflation has eased in recent months, it remains above the 2% long-term target, with short-term inflation expectations still high. Participants believed economic growth is robust, unemployment remains low, and consumer and investment data are generally stable, but trade policy uncertainty, geopolitical risks, and potential impacts of tariff increases still pose major risks.
- US initial jobless claims for the week ending July 5 were 227,000, expected at 235,000, with the previous value revised from 233,000 to 232,000.
- China's foreign exchange reserves were $3,317.4 billion, increasing by $32.2 billion or 0.98% from the end of May.
- China's June CPI rose 0.1% year-on-year.
Key Events & Indicators This Week
July 14
- US President Trump plans to make a "major statement" on the Russia issue
July 15
- China Q2 GDP annual rate (10:00)
- US June Unadjusted CPI Year-on-Year (20:30)
July 16
- US June PPI Year-on-Year (20:30)
- Federal Reserve Governor Barr to speak at a Fed-hosted conference (00:45)
- 2025 FOMC voter, Boston Fed President Collins to speak (02:45)
- 2026 FOMC voter, Dallas Fed President Logan to speak on the US economy (07:45)
- 2026 FOMC voter, Cleveland Fed President Harker to speak (21:15)
July 17
- Federal Reserve to release Beige Book on Economic Conditions (02:00)
- US Initial Jobless Claims for the week ending July 12 (20:30)
- FOMC permanent voter, New York Fed President Williams to speak on US economy and monetary policy (05:30)
July 18
- US July One-Year Inflation Rate Expectation Initial Value (22:00)
- US July University of Michigan Consumer Confidence Index Initial Value (22:00)
