Ahead of the August 1, 2025, deadline, a US-India trade deal is uncertain, with Donald Trump warning of potential 20-25% tariffs on Indian goods if no agreement is reached. India plans to resume trade talks in mid-August, aiming for a comprehensive agreement by October, while disagreements on agriculture and dairy remain a key issue.

In July 2025, the IMF revised its global growth forecast upward to 3.0% for 2025 and 3.1% for 2026, citing increased trade and the rollback of some of Trump's trade measures. The IMF warned of risks including potential tariff rebounds and geopolitical tensions.

The IMF warns that undermining central bank independence could destabilize financial markets and the macroeconomy, emphasizing the importance of maintaining transparency and independence in central bank policies amid global trade tensions.

The Sevens Report identified four threats to the S&P 500's bullish momentum: AI earnings disappointments, weak employment or manufacturing PMI, a smaller-than-expected Fed rate cut, and tariff surprises.

The IMF projects Egypt's economy to grow by 4.0% in the fiscal year ending in June 2025, according to the World Economic Outlook report for July 2025, a 0.2% upward revision.

President Trump and Fed Chairman Powell are in conflict over interest rates, with Trump wanting cuts and Powell hesitant due to inflation exceeding the 2% target. Powell has publicly confronted Trump's criticisms and stated he will not resign before his term ends in May 2026.

Philippine central bank Governor Eli Remolona indicated a potential key interest rate cut in August, citing slower inflation, with a decision expected at the August 28 meeting.

On July 28, 2025, the European Central Bank (ECB) published a blog post titled "From hype to hazard: what stablecoins mean for Europe," likely discussing the impact of stablecoins on financial stability, monetary sovereignty, and payment systems within Europe.

Economists suggest South Africa's central bank could shift to a 3% inflation target, possibly by 2027, leading to lower interest rates, with a possible announcement by 2025.

The Bank of Japan (BOJ) held a monetary policy meeting on July 30, 2025, and is set to hold off raising interest rates, while discussing the impact of the U.S.-Japan tariff agreement on the domestic economy and prices.

The IMF revised India's growth forecast to 6.4% for both FY26 and FY27, citing a more favorable global economic situation, positioning India as the fastest-growing economy among major nations.

The U.S. is intensifying trade talks ahead of Trump's August 1 deadline for tariffs, with rates ranging from 15% to 20%, and agreements have been reached with several countries.

The IMF maintained its economic growth forecast for Spain in 2025 and 2026, estimating a GDP growth of 2.5% and 1.8%, respectively, more than double the average for the Eurozone.

A report by MEI indicates that Canada's tariffs on U.S. goods cost families $92 in taxes over two months, representing a 179.8% increase in tariff collections.

Economists are skeptical of Donald Trump's trade policies, warning that high tariffs, the highest since the 20th century, are a risk to growth, potentially leading to higher prices and slower economic activity.

On July 29, 2025, the International Monetary Fund (IMF) reported that the UK is projected to grow faster than any other major European economy for the next two years, with a growth of 1.2% this year, but will continue to lag behind the US and Canada among the Group of Seven industrialized nations.

On July 28, 2025, "The China Show" on Bloomberg discussed the U.S. trade deal with the European Union, which includes 15% tariffs, and China's efforts to challenge America's dominance in AI.

On July 29, 2025, the S&P 500 saw mixed results as investors analyzed corporate earnings and economic data, awaiting the Federal Reserve’s interest rate announcement and Trump's August 1 tariff deadline.

On July 28-29, 2025, The Wall Street Journal discussed how to identify a stock market bubble, highlighting soaring speculative stocks, surging cryptocurrency prices, and stretched stock valuations as key signals.

The S&P 500 reached record highs, raising questions about the sustainability of this upward trend, considering potential market fluctuations and economic challenges.

On July 28, 2025, Wall Street traders sent stocks lower ahead of the Federal Reserve decision, due to concerns about high valuations and uncertainty regarding the extension of a tariff truce between the US and China, while oil jumped after President Donald Trump suggested the US might impose additional levies on Russia.

On July 28, 2025, Citi's US equity strategist Scott Chronert made a bullish case for US equities, stating that the S&P 500 could reach 7,000 with more conviction in the durability of the economic cycle and easier Fed policy.

Markets are focused on the Fed's interest-rate decision, with trade progress and monetary policy risks shaping sentiment, despite high bond yields and slowing earnings.

On July 29, 2025, Yahoo Finance published its fifth chartbook, analyzing the markets and economy midway through 2025, noting that the US stock market has recovered to record highs and economists estimate tariffs have boosted consumer prices by 0.2% cumulatively.