International - Financial Times - Credit Squeeze

Rise in Producer Price Index in July was the highest since February

Most of those in the political world chafe at higher costs but, unlike voters, they are not at the sharp end

We need to talk about the Kevins (and Pulte)

Also in today’s newsletter, bitcoin hits a record, and French borrowing costs close in on Italy’s

Plus survey response rates and the BLS

US Treasury secretary’s comments mark rare intrusion into Asian ally’s monetary policy

In one patch of the world’s biggest economy, spending habits fail to match shoppers’ anxiety

Anxiety grows over France’s public finances just as Rome improves its standing with bondholders

Hawkish tone from Austan Goolsbee contrasts with market expectations for reduction next month

US president signals he could name ‘shadow chair’ before Jay Powell leaves central bank

US trade policy is a cautionary tale but not yet a catalyst of global disaster

The Q2 results are an unreliable gauge of America’s ability to weather tariffs

Tariffs, Nimbyism, high debt — the victims of these things don’t even know what they’re losing

Also in today’s newsletter, France, Germany and the UK consider Iran sanctions, and Bolivia’s Sunday election

Brussels earlier imposed curbs on two Chinese lenders over trade with Russia

Latest stimulus plan aims to boost consumption while protecting banks’ profit margins

Domestic production should be prioritised over cheap consumer imports

Conflicting interests are coming to a head as countries attempt to end the scourge of pollution

From tariffs to talent and tech, the FT looks at the future of manufacturing in its US heartland

Drive to end use of hotels set to put pressure on local council housing services