Cooler CPI, Weaker Retail Sales, and a Chip Bellwether Stumbles
Soft inflation data has traders leaning toward a Fed hold in September, even as a surprise drop in July retail sales adds to the cooling-economy narrative. Plus, Applied Materials shares slide on weak guidance despite beating earnings, and global equity funds notch a 12th straight week of inflows. In this episode: • Cooler inflation data may force Warsh's divided Fed to hold the line on rates — https://reuters.com/business/cooler-inflation-data-may-force-warshs-divided-fed-hold-line-rates-2026-08-14 • US retail sales post first decline in nine months in July —…
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