Wholesale Prices Unexpectedly Fall as Fed Chair Warsh Testifies

U.S. wholesale prices unexpectedly declined in June, easing rate-hike fears just as Fed Chair Kevin Warsh delivered his debut Senate testimony on inflation. Plus, ASML raises guidance on AI demand, and the Bank of Canada holds rates steady. In this episode: • U.S. wholesale prices unexpectedly fall 0.3% in June, easing rate-hike fears — https://www.cnbc.com/2026/07/15/wholesale-inflation-june-2026-.html • Federal Reserve Chair Kevin Warsh pledges to curb inflation in Senate testimony — https://www.cnbc.com/2026/07/15/watch-fed-chairman-kevin-warsh-testify-live-before-senate-banking-committee.html • ASML beats Q2 expectations and raises full-year sales guidance on AI demand — https://www.cnbc.com/2026/07/15/asml-2q-earnings-ai-chips-orders.html • Bank of Canada holds benchmark interest rate steady at 2.25% — https://news.google.com/rss/articles/CBMiiAFBVV95cUxOX2FmTTh2Z210UTl4UlI5MmhTNF9NX2trWjZXRkxOTzZqVjdDeVd4dWg2WXlsNWlLMUwzdk42cVpyNXhucUlwQlFqUXR5cXVYajJ3RU54dnBBV21itemgVUR3SXYyTW5hQ1pLUzVtNFdDVHhB?oc=5