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U.S. Economy

US Money Supply (Jul) 23.22T (Prev. 23.15T)

StockNow breaking-news AI analysis

US money supply expanded to 23.22T in July following strong first-half growth, while the Fed renewed focus on M2 dynamics and historical inflation transmission lags.

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Today's market highlights

A selection of stories drawing attention in the market.

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Politics

US President Trump posts that he has been informed all mines are gone from the international waters of the Strait of Hormuz. Iran has been informed that any vessel placing new mines will be destroyed. Zero tolerance on mine placement in effect.

Fed

Fed's Collins (2028 Voter) says inflation is still too high, and is concerned about price stability part of the Fed's mandate; labour market consistent with full employment, economy growing at a near-trend pace

Geopolitics

US White House Official tells Al Jazeera there are no ongoing or scheduled talks or discussions with Iran; The naval blockade is imposed with strength and effectiveness, the Strait of Hormuz is open, and the mines have been removed