Federal Reserve Bank of Boston President Susan Collins said she continues to believe the US central bank can be patient in considering interest rate cuts, suggesting healthy business and household balance sheets may limit the impact of tariffs on the economy.

A new report on consumer prices found that inflation accelerated in June. The data, which found that prices had increased 2.7 percent over the last year, offered the first signs that President Trump’s tariffs were beginning to weigh on Americans’ wallets.

JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because key shifts are apparent only in hindsight.

PARIS (AP) — France’s prime minister proposed on Tuesday the elimination of two public holidays from the country’s annual calendar — possibly Easter Monday and the day marking the Allied victory over the Nazis — to save money in next year’s budget.

The UK economy is showing more signs of rebounding from its recent slump, with a jump in June retail sales adding to evidence of a strong pick-up in activity seen in other leading indicators.

China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.

In the face of chaos, the global economy powers on. Since 2011 growth has continued at around 3% a year. During the worst of the euro crisis in 2012? Around 3%. What about 2016, the year Britain voted for Brexit and America for Donald Trump,