Daily Brief | August 13th 2025

#IntercamNews ✅ In the U.S., the federal deficit continued to widen in July. ✅ Treasury Secretary Scott Bessent pushed for a 50-basis-point rate cut in September, signaling monetary easing in response to signs of labor market weakness. ✅ The Trump administration’s nominee to lead the Bureau of Labor Statistics, economist EJ Antoni, proposed suspending the monthly release of the employment report, citing concerns over the quality and accuracy of the data.