X discussion around macro policy on July 14, 2026, was relatively quiet, focusing on specific topics such as US inflation data and economic data collection challenges.

US Inflation Data

Ernie Tedeschi (@ernietedeschi) noted that computer software and accessories prices rose +2.3% month-on-month in June and +22% from 2024. However, he emphasized this is not of meaningful importance to aggregate inflation and does not offset the broad cooling seen in non-food CPI categories.

Economic Data Measurement Challenges

Tedeschi also addressed challenges in economic data collection, including declining survey response rates and institutional issues at statistical agencies. He highlighted the value of combining robust public data with private sources, especially amid rapid AI-driven changes.

ECB Developments

The ECB account (@ecb) updated that 36 payment service providers were selected for the digital euro pilot. The 12-month testing exercise starts in the second half of 2027 at the ECB and 19 national central banks.

Executive Board member Isabel Schnabel shared slides on “How to foster growth and resilience in Europe.”

Japan and FX Updates

@nomurafx posted updates on Japanese FX and macro topics, including Canada credit ratings, Hormuz Strait developments, GPIF operations, and personal JGB holdings via NISA.

Bottom Line

Discussion around rate expectations, bond yields, and FX was limited today, with emphasis on US inflation nuances and data challenges. No prominent mentions of the Bank of Israel or the Fed in recent posts from the monitored profiles.