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.
7,101 total articles
John Williams, the President of the Federal Reserve Bank of New York, indicated on Thursday that there is currently no requirement for the central bank to modify its existing interest rate policy. Speaking at a gathering hosted by the Conference of Business Economists, Williams noted that monetary policy occupies a "good place" in the current econo…
Federal Reserve Governor Michael Barr has issued a cautionary stance regarding recent discussions aimed at reducing the size of the Federal Reserve's balance sheet. Speaking at an event held by the Money Marketeers of New York University, Barr contended that attempting to shrink the central bank's 'footprint' by lowering liquidity requirements is a…
On Thursday, global equity markets continued an aggressive upward trajectory, with the Nasdaq, S&P 500, and several international indices reaching new milestones. This momentum persists despite the high-stakes diplomatic environment of the Xi-Trump summit in China and ongoing tensions in the Persian Gulf. While the technological rally remains domin…
Indermit Gill, the World Bank's chief economist and senior vice president for development economics, will retire at the end of August, World Bank president Ajay Banga announced in a memo to staff. The bank will begin the process of appointing his successor. Gill, who holds a PhD from the University of Chicago, joined the World Bank as chief economi…
Argentina's consumer prices rose 2.6% in April, easing from March's 3.4% but slightly above the 2.5% analysts expected. On a 12-month basis, inflation slipped marginally to 32.4% from 32.6% the previous month. Transportation and education recorded the largest monthly increases, while food and recreation showed smaller gains.
Argentina's consumer price index rose 2.6% in April from March, the national statistics agency reported, marking the first monthly deceleration after 11 consecutive months of stronger readings. The April monthly print was marginally above market expectations and left annual inflation slightly lower at 32.4%. Transport and education were the leading…
The International Monetary Fund said initial talks between U.S. President Donald Trump and Chinese President Xi Jinping are a welcome sign that could reduce trade tension and uncertainty between the world's two largest economies. At the same time, the IMF warned that disruptions from the Middle East and Iran's closure of the Strait of Hormuz, which…
A consortium led by Silver Lake executive Egon Durban has struck a deal to acquire a 25% stake in the Las Vegas Raiders, according to people familiar with the matter cited by Bloomberg News. The shares are being purchased from minority investors rather than owner Mark Davis, and when the transaction closes the group - which includes Michael Meldman…
Stephen Miran submitted his resignation from the Federal Reserve Board after eight months as a Governor, creating an open seat for Chairman-designate Kevin Warsh. Miran's term had officially expired on January 31, 2026, but he remained under a holdover provision. His departure follows a stint as Chair of the Council of Economic Advisers and pressur…
Federal Reserve Board member Stephen Miran has notified the President of his resignation, to take effect when or shortly before his successor is sworn in. Miran, who joined the Board on September 16, 2025 to fill an unexpired term that ended January 31, 2026, emphasized deregulation achievements and urged the Fed to account for nonmonetary disinfla…
Federal Reserve Governor Stephen Miran announced he will resign his seat on the Fed board on or shortly before Kevin Warsh is sworn in as the central bank's next chair. Miran's decision is intended to clear the way for Warsh to join the seven-member board, since there is currently no other open seat, and follows Miran's term technically expiring in…
Bank of England Chief Economist Huw Pill said a timely, limited increase in interest rates could help prevent inflationary pressures stemming from the Iran conflict from becoming entrenched in the UK economy. Speaking at an event hosted by NatWest, Pill argued that moving sooner rather than waiting for market-driven pressure would make controlling …
The average rate on 30-year fixed mortgages edged down to 6.36% from 6.37% last week, even as April inflation accelerated on higher gasoline and grocery prices. Housing indicators were mixed: Redfin reported a 2.4% annual rise in the median home price in April, along with stronger pending sales and rising active listings, but the spring buying seas…
Labour MP Josh Simons intends to resign his Makerfield seat in Greater Manchester, a move that would prompt a by-election and create a possible pathway for Mayor Andy Burnham to return to the House of Commons. The development could increase pressure on Prime Minister Keir Starmer amid talk of a leadership challenge, though internal party mechanisms…
Treasury Secretary Scott Bessent said he expects recent spikes in inflation to be temporary and caused largely by energy disruptions tied to the Iran war. Speaking from President Donald Trump's summit with Chinese President Xi Jinping, Bessent forecasted one or two additional strong inflation readings before a period of substantial disinflation, ci…
International Monetary Fund staff are scheduled to travel to Ukraine in the coming weeks to assess how Kyiv is implementing agreed economic reforms and efforts to widen its tax base under an $8.1 billion program, a spokesperson said. Officials emphasized the need for Ukraine to mobilize domestic financing alongside donor assistance and to bring a s…
Prime Minister Mark Carney published a federal electricity strategy on Thursday that sets an objective to double Canada’s electricity generation capacity by 2050. The plan signals regulatory adjustments to allow greater use of natural gas in power generation, estimates the expansion will cost more than C$1 trillion, and promises consultations with …
Admiral Brad Cooper told lawmakers that U.S. forces have destroyed over 90% of Iran's roughly 8,000 naval mines through more than 700 airstrikes, but he did not specify how many mines were already deployed in the Strait of Hormuz. Cooper framed the campaign as significantly degrading Iran's conventional weapons production and defenses while acknowl…
Russia’s benchmark Urals export blend has reached its highest tax valuation since October 2023. The finance ministry will use an average May Urals price of $94.87 per barrel and an exchange rate of 76.938 rubles per dollar to calculate oil producer taxes, producing a tax price of nearly 7,300 rubles per barrel. The rise in dollar oil prices follows…
Wolfe Research cautions that monetary policy outside the United States may head in a different direction from the Federal Reserve, with the Bank of Japan the critical unknown. The firm says energy-price dynamics and the BOJ's internal divisions raise the possibility of a split between global tightening and Fed holding or easing, and identifies two …
Import prices in the United States rose 1.9% in April, driven by a 16.3% monthly increase in imported fuel — the largest fuel jump since March 2022. On a 12-month basis, import prices climbed 4.2%, the biggest annual gain since October 2022. Broader increases across capital goods, consumer goods and imports from major trading partners underscore up…
Top brokerages project continued gains for the S&P 500 in 2026, leaning on artificial intelligence-driven momentum and robust corporate earnings to counteract the short-term economic effects of disruptions to Middle East energy flows. Forecasters flagged the possibility that sustained higher oil prices would heighten recession risks and lift inflat…
German Chancellor Friedrich Merz urged sweeping economic reforms for the European Union while rejecting proposals for joint EU borrowing. Speaking at a ceremony honoring Mario Draghi in Aachen, Merz stressed Germany's constitutional limits on taking on shared debt and warned that Europe faces a more hostile global environment after the return of Do…
Venezuela has formally begun a wide-ranging process to restructure its sovereign debt and obligations tied to the state oil company, officials said Wednesday, following the easing of U.S. sanctions earlier in the year. The finance ministry framed the move as a necessary step to free public resources for investment in basic services and productive r…
Polestar's chief executive says surging fuel prices have changed how consumers evaluate electric vehicles, prompting growing interest in both new and used models. The company reported a $383 million net loss in the first quarter amid pricing pressures, intensifying competition and tariffs, even as volumes rose 7% year-on-year. Geopolitical disrupti…
