The Closer – PPI, Beige Book Boom, Low Inventories – 7/15/26

Jul 15, 2026

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  • After a weaker-than-expected CPI reading yesterday, PPI also came in below estimates in June.
  • The Beige Book saw generally stronger commentary regarding the US economy as mentions of war and uncertainty have subsided.
  • Including strategic reserves US crude oil inventories are now at their lowest level since the early 1980s.

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