China’s GDP figures for the first half of 2025 are expected to show a growth of 5.3%, supported by preemptive business activities due to U.S. tariffs, despite ongoing deflationary pressures. In the U.S., inflation data for June may influence the Federal Reserve’s interest rate decisions, while the UK anticipates rising inflation, which could affect the Bank of England’s policy amid signs of a contracting economy.
Explain It To Me Like I’m 5: In a newsletter by FT’s Editor Roula Khalaf, the latest news covers China’s expected economic growth amid trade tensions, the potential impact of US inflation data on interest rates, and the UK’s rising inflation concerns, all of which could affect people’s jobs and money.
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