Economy

Macroeconomic data, trends, and policy developments.

Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.

Articles

2,681 total articles

Bank of England Poised to Pause Rate Cuts as Middle East Shock Lifts Energy Prices

Bank of England Poised to Pause Rate Cuts as Middle East Shock Lifts Energy Prices

The Bank of England is widely expected to delay a previously anticipated interest rate cut as higher oil and gas prices linked to the Middle East conflict raise the prospect that inflation will re-accelerate toward 3% or above, undermining the case for looser policy. Markets have pared back expectations for multiple cuts this year and are pricing a…

New Zealand GDP Posts Modest Q4 Gain, Below Expectations

New Zealand GDP Posts Modest Q4 Gain, Below Expectations

New Zealand's economy posted a slight expansion of 0.2% in the fourth quarter versus the prior quarter, missing forecasts and leaving annual growth modest at 1.3%. Weakness in construction contrasted with gains in rental, hiring and real estate services. The data underlines the Reserve Bank of New Zealand's decision to pause rate cuts and reflects …

Powell Flags Uncertainty on Oil Shock as Fed Holds Rates Steady

Powell Flags Uncertainty on Oil Shock as Fed Holds Rates Steady

Federal Reserve Chair Jerome Powell signaled significant uncertainty about how rising oil prices tied to Middle East hostilities could affect inflation and U.S. growth after the Federal Open Market Committee held the federal funds rate at 3.50%-3.75%. The FOMC's updated projections still point to at least one rate cut this year and another in 2027,…

Japan, UK and China Drive Uptick in Foreign Holdings of U.S. Treasuries in January

Japan, UK and China Drive Uptick in Foreign Holdings of U.S. Treasuries in January

Foreign ownership of U.S. Treasuries rose in January to $9.305 trillion from $9.271 trillion in December, led by increases from Japan, the United Kingdom and China. The gains reflect continued overseas appetite for U.S. government debt amid elevated yields, a rotation from equities into fixed income, and ongoing Treasury issuance to finance rising …

BOJ Likely to Pause as Middle East Conflict Clouds Inflation and Growth Outlook

BOJ Likely to Pause as Middle East Conflict Clouds Inflation and Growth Outlook

The Bank of Japan is widely expected to keep its short-term policy rate unchanged at 0.75% as it seeks clearer signals on how the escalating Middle East conflict and higher oil prices will influence an import-dependent economy already experiencing sustained inflationary pressure. Governor Kazuo Ueda is likely to reiterate the central bank's commitm…

Markets Retreat as Oil Spike and Hot PPI Feed Doubts About 2026 Fed Cuts

Markets Retreat as Oil Spike and Hot PPI Feed Doubts About 2026 Fed Cuts

Wall Street declined and Treasury yields rose sharply after a surge in oil prices, hotter-than-expected U.S. producer price inflation, and a Federal Reserve projection mix that traders read as meaning fewer rate cuts in 2026. The moves lifted the dollar, pressured equities across sectors and flattened yield curves, leaving investors reassessing gro…

TSA Absenteeism Eases to 9.9% as Partial Shutdown Enters 33rd Day

TSA Absenteeism Eases to 9.9% as Partial Shutdown Enters 33rd Day

Absences among Transportation Security Administration officers dipped slightly to 9.9% on Tuesday as the partial government shutdown reached its 33rd day, the Department of Homeland Security said. The funding lapse has forced roughly 50,000 TSA airport security officers to work without pay for a month, producing spot shortages at several major airp…

Powell says 'stagflation' describes the 1970s, not today's U.S. economy

Powell says 'stagflation' describes the 1970s, not today's U.S. economy

Federal Reserve Chair Jerome Powell told reporters that despite a recent spike in energy prices tied to the Iran conflict, the U.S. economy is far from the stagflation experienced in the 1970s. With inflation about one percentage point above the Fed's target and unemployment remaining low, Powell described the present environment as a difficult bal…

Powell Says He Will Continue as Fed Chair if Successor Isn’t Confirmed by May

Powell Says He Will Continue as Fed Chair if Successor Isn’t Confirmed by May

Federal Reserve Chair Jerome Powell said at a post-meeting press conference that he will remain in the role if a successor is not confirmed by the end of his current chair term in May. Powell stated this continuation is prescribed by law and noted the Fed has followed the same procedure on multiple occasions, including previously in his own case.

Fed Projections Show Fractured Outlook: One Policymaker Sees a Hike Ahead

Fed Projections Show Fractured Outlook: One Policymaker Sees a Hike Ahead

Federal Reserve projections released on March 18 reveal a split among policymakers: most still expect the next move on interest rates to be a cut this year, but one official now predicts a rate increase next year. Median forecasts for headline and core inflation were revised up, while unemployment and GDP outlooks held steady or edged higher.

Chile’s 2025 Growth Slows to 2.5% Despite Fourth-Quarter Uptick

Chile’s 2025 Growth Slows to 2.5% Despite Fourth-Quarter Uptick

Chile's economy expanded 2.5% in 2025, central bank data showed, easing from a revised 2.8% in 2024. Activity returned to growth in the fourth quarter, but the full-year result disappointed authorities who said it fell short of household expectations. The new administration plans nearly $4 billion in spending cuts while targeting stronger growth in…

White House Announces 60-Day Jones Act Waiver to Ease Fuel and Fertilizer Flows

White House Announces 60-Day Jones Act Waiver to Ease Fuel and Fertilizer Flows

The administration has temporarily waived Jones Act restrictions for 60 days to permit foreign-flagged vessels to move oil, natural gas, fertilizer and coal between U.S. ports. Officials framed the move as a short-term measure to address supply interruptions and rising energy costs linked to recent attacks on Iran and strained passage through the S…

Bank of Canada Holds Overnight Rate at 2.25% Citing Middle East Energy Turmoil

Bank of Canada Holds Overnight Rate at 2.25% Citing Middle East Energy Turmoil

The Bank of Canada left its target for the overnight rate unchanged at 2.25%, citing heightened uncertainty from geopolitical developments in the Middle East and ongoing trade risks. Governor Tiff Macklem highlighted recent energy price volatility following the closure of the Strait of Hormuz, an unexpected inventory drawdown that weighed on fourth…

Leavitt Says Reopening Hormuz Aids NATO More Than U.S.; Comments Touch on Iran, Nuclear Options and China Trip

Leavitt Says Reopening Hormuz Aids NATO More Than U.S.; Comments Touch on Iran, Nuclear Options and China Trip

White House Press Secretary Leavitt made a series of public remarks Wednesday on Iran, the Strait of Hormuz, the U.S. position on Iran's nuclear fuel, and a delayed presidential trip to China. Speaking on Fox News and in briefings with reporters, he described the death of Iran’s Khatib as "a good thing for the US," said the president retains full c…