Retail sales jump 0.6%. Import prices fall. Jobless claims drop to 221K. Inflation cools. Fed has room to cut.
The economic data released this morning, July 17, 2025 at 08:30am ET, paints a clear picture: inflation is not accelerating. It’s cooling, and the Fed has breathing room. Import prices rose just 0.1% month-over-month in June, with the year-over-year rate …