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.
5,058 total articles
Cox Automotive projects U.S. new-vehicle sales in May will reach a seasonally adjusted annual rate of 16.1 million units, up from April's 15.9 million and last May's 15.6 million. Unit volume is expected to be 1.48 million, largely unchanged year-over-year, supported by wealthier buyers, stronger stock-market performance and larger tax refunds desp…
Lawmakers in New York have put forward a surcharge on expensive second homes in New York City designed to raise $500 million toward a postponed $268 billion state budget. If the measure wins approval in a Wednesday vote, it would begin on July 1, with property owners notified by August 30 and allowed to appeal. The proposal applies to an estimated …
Official statistics show Brazil’s 12-month inflation in early May rose to 4.64%, breaching the upper limit of the central bank’s tolerance band for the first time since October 2025. The reading, above consensus forecasts, and stronger-than-expected monthly gains driven by food, housing and healthcare costs raise questions about how quickly policy …
The White House on Wednesday publicly rejected a report broadcast by Iranian state television that described a draft interim agreement to restore regular maritime transit through the Strait of Hormuz within a month. The administration said the memorandum of understanding cited by Iranian media was fabricated. Markets reacted: Brent crude fell almos…
Research from the Federal Reserve Bank of New York, released on Wednesday, identifies a rise in food-related hardships between October 2025 and February 2026. The increases were most pronounced among lower-income and lower-educated households, nonwhite respondents, and households with children. These food challenges correlate with heightened pessim…
Sri Lanka's Central Bank raised its policy rate by 100 basis points to 8.75% from 7.75%, the first hike in more than three years, as authorities act to defend foreign exchange reserves and meet conditions under a $2.9 billion IMF programme. The move, paired with fuel-price increases, higher import duties on vehicles and energy-conservation steps, a…
Research from the Federal Reserve Bank of New York shows a significant uptick in food-related hardship between October 2025 and February 2026, concentrated among lower-income, lower-educated households and families with young children. The bank links the worsening food insecurity to weakening consumer sentiment and reduced expectations of finding w…
U.S. banks reported a 3.6% rise in first-quarter profits to $80.5 billion, driven in part by renewed deposit growth and a small increase in provisions for potential loan losses, the Federal Deposit Insurance Corporation said. Overall asset quality remained favorable, though delinquencies in several loan categories showed mixed movements.
An unofficial draft reported by Iranian state television suggests maritime traffic through the Strait of Hormuz could resume normal operations within one month of a finalized US-Iran interim agreement. The report leaves open whether the draft is recent and whether the United States has accepted the terms; oil markets reacted with a near 5% plunge i…
Consumer prices in Brazil rose 0.62% in the first half of May from the previous month, outpacing analyst projections and pushing annual inflation to 4.64%, above the central bank's 4.5% tolerance ceiling. The rise was led by food and housing components. Policymakers face trade-offs as government support measures and a solid jobs market bolster spen…
Croatia's Supreme Court will meet on Wednesday to decide whether its handling of a decade-long dispute over Swiss franc loans will be public or private. The association representing about 30,000 franc borrowers says up to €700 million is at stake. A private proceeding could allow the court to hand down a verdict immediately, a decision that could a…
European Central Bank Governing Council member Gabriel Makhlouf reiterated the bank's commitment to a 2% inflation target while declining to state whether that would necessitate a rate increase at the ECB's upcoming meeting. Speaking in Dublin, Makhlouf said policymakers will act as required to meet the target and will base decisions on incoming ev…
The average 30-year fixed mortgage rate rose 9 basis points to 6.65% in the week ended May 22, reaching its highest level since August 2025. Rising oil prices tied to the Iran war, higher consumer inflation readings and shifts in Treasury yields contributed to the increase. Mortgage applications fell sharply, and markets signal the potential for a …
The European Investment Bank is launching a pilot to explore whether independent credit ratings from ESMA-registered agencies can improve access to traditional bank lending for innovative European startups and scaleups supported by EIB venture debt. The first agreement, signed with Spanish SME-focused rater INBONIS, will run for 18 months under the…
The European Central Bank will take whatever steps are necessary to return inflation to its 2% target in the medium term, Bank of France Governor Francois Villeroy de Galhau said, addressing concerns after a recent jump in eurozone inflation linked to higher oil prices and disruptions around the Strait of Hormuz.
The European Central Bank's Financial Stability Review highlights the risks that highly leveraged hedge fund strategies - notably cash-futures basis and duration trades - pose to the stability of regional government bond markets. While these arbitrage positions have bolstered liquidity, the ECB warned that leverage ratios of around 25 and the poten…
Dallas Federal Reserve President Lorie Logan warned that if the Strait of Hormuz remains closed amid the U.S.-Israeli war on Iran, the world could be forced to reduce consumption of oil and natural gas more sharply than it has to date. Logan highlighted constrained supplies, the role of inventory drawdowns in covering a large shortfall, and the pot…
After a nearly 11% slide in the first half of last year, the U.S. dollar has traded in a narrow band for roughly a year. Heightened inflation expectations driven by higher oil prices, rising Treasury yields and a Federal Reserve perceived as more hawkish have increased the chances of a sustained dollar appreciation. Market participants say the Iran…
The European Central Bank has urged banks across the euro zone to step up cybersecurity investment in response to emerging artificial intelligence models that can detect software vulnerabilities. ECB Vice President Luis de Guindos, speaking to reporters, called for better understanding of these AI capabilities and for financial institutions to impl…
Leading brokerages broadly expect the S&P 500 to continue its advance into 2026, citing AI-driven momentum and robust corporate profits as offsetting forces to near-term disruption from the protracted Middle East conflict. Several firms raised index targets, with a cluster of forecasts in the 7,500-8,100 range. Forecasters also provided divergent r…
U.S. stock futures moved higher following a strong session for chipmakers that helped the S&P 500 and Nasdaq Composite close at record highs. Micron Technology surged, pushing its market value above $1 trillion as demand for high-end memory tied to artificial intelligence outpaced supply. Diplomatic movements around an extended ceasefire between th…
The Bank of Japan recorded a decline in net income for fiscal 2025 after rising policy rates raised the interest it pays on excess reserves. For the first time, the BOJ's interest payments on reserves exceeded the interest it earned from its government bond holdings, while the central bank also reduced its total assets as it scaled back bond purcha…
Dallas Federal Reserve President Lorie Logan warned that if shipping through the Strait of Hormuz remains curtailed because of the U.S.-Israeli war on Iran, global consumption of oil and liquefied natural gas may need to fall more substantially. Logan highlighted strained supplies, finite inventories, and limited near-term gains in U.S. oil output,…
The German Council of Economic Experts has lowered its growth projection for Germany, blaming the Middle East conflict, rising energy costs and shifts in U.S. trade policy. The panel now forecasts 0.5% growth for the current year, down from a 0.9% projection issued in November, and 0.8% for 2027. Inflation is expected to rise in 2026 before easing …
In its biannual Financial Stability Report, the European Central Bank cautioned that the Iran war and persistent trade tensions pose risks to euro area growth and fiscal stability. Markets have largely discounted these threats, keeping equity valuations high and borrowing costs low, but the ECB warned that a sustained energy shock or a loss of conf…
