WS #12119
Fed's Williams says inflation has peaked, rates well-positioned, K-shaped economy real, balance sheet in 'steady as she goes' mode. Stripe, Advent International, and Block offer $53B+ for PayPal at ~$60.50/share, sending PYPL up ~19% premarket. June PPI fell 0.3% MoM vs 0.0% est, headline 5.5% YoY vs 6.2% est, core 4.7% YoY vs 5.2% est; softest since April 2025.
Fed Williams Speech
Fed's Williams says inflation has peaked, rates well-positioned, K-shaped economy real, balance sheet in 'steady as she goes' mode.
Stripe, Advent International, and Block offer $53B+ for PayPal at ~$60.50/share, sending PYPL up ~19% premarket.
June PPI fell 0.3% MoM vs 0.0% est, headline 5.5% YoY vs 6.2% est, core 4.7% YoY vs 5.2% est; softest since April 2025.