U.S. July Consumer Spending and Inflation Rise Together, but Weak Jobs Data May Pave the Way for Fed Rate Cut

By: theblockbeats.news|2025/08/29 13:22:32

BlockBeats News, August 29th: U.S. consumer spending in July showed a solid increase, while the core PCE experienced a slight uptick due to the higher prices of some goods caused by import tariffs. However, against the backdrop of softening labor market conditions, these data may not deter the Fed from cutting interest rates next month. The low unemployment rate is supporting steady wage growth, providing support for consumption.

However, President Trump's imposition of tariffs on imported goods is increasing business costs, exacerbating corporate caution and leading employers to be reluctant to increase hiring. Government reports this month showed that over the past three months leading up to July, employment has been increasing by an average of 35,000 people per month, compared to 123,000 people during the same period in 2024. (FXStreet)

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

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Why Is Bitcoin Down in 2026? What We Can Learn From 2022

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From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

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Overview of Important Market Events on June 25

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

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Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

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