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.
5,062 total articles
Citadel Securities says the Federal Reserve should move closer to raising interest rates as consumer price pressures become the dominant threat to the economy. The firm cites a recent jump in oil prices and easing financial conditions supported by robust investment in artificial intelligence as forces accelerating inflation. Citadel's analysis sugg…
Bill Dudley, former president of the New York Federal Reserve, warned that the Federal Reserve risks losing credibility as an inflation fighter after failing to hit its 2% inflation target for more than five years. Speaking on Bloomberg Television, Dudley pointed to rising long-term inflation expectations in the University of Michigan preliminary s…
The African Development Bank projects regional real GDP growth will dip to 4.2% in 2026 from 4.4% in 2025 before a modest rebound to 4.4% in 2027. The AfDB flagged the ongoing Iran war as a downside risk, noting higher energy, food and fertilizer costs from shipping disruptions could further weaken the forecast if the conflict persists.
A federal judge has postponed the trial of former FBI Director James Comey to October 21 after his defense team signaled plans to file constitutional motions aimed at dismissing charges stemming from a May 2025 social media post featuring seashells arranged as "86 47." The case, scheduled originally for July, will be heard in New Bern, North Caroli…
A German publication reported that Washington plans to scale back a range of military assets pledged to support European NATO allies during a crisis. Briefings at NATO headquarters outlined cuts to fighter jets, strategic bombers, naval destroyers and a halt to submarine contributions, while reconnaissance and armed drone support from the U.S. woul…
A member of the European Central Bank's Governing Council said the bank will use all available tools to bring consumer-price growth back to its 2% target. Officials expect substantially more data before their June policy meeting and are assessing the impact of higher energy costs and geopolitical pressures on inflation amid slower growth and financ…
The National Bank of Hungary signalled on Tuesday that recent data point toward a softer inflation trajectory, attributing part of the easing to a stronger forint. The Monetary Council said it will remain cautious and guided by incoming information as it monitors whether drops in risk premia prove persistent. Officials reiterated commitment to achi…
U.S. Secretary of State Marco Rubio and Armenian Foreign Minister Ararat Mirzoyan signed a strategic partnership agreement at Yerevan's Zvartnots International Airport, accompanied by accords on critical minerals and a proposed 43-kilometer transit corridor linking Azerbaijan to its Nakhchevan exclave and onward to Turkey. The move comes days ahead…
Olaf Sleijpen said the durability of recent energy price increases will be the primary consideration for the European Central Bank's next policy decision. While noting that headline inflation has already been pushed up by higher energy costs, he emphasized the need to see whether those increases transmit into broader price measures. Sleijpen also h…
Russian officials say Foreign Minister Sergei Lavrov explained Moscow's decision to carry out systematic strikes on Kyiv during a phone conversation with U.S. Secretary of State Marco Rubio. Moscow framed the strikes as retaliation for a drone attack on a student dormitory in Russian-controlled Luhansk that killed at least 21 people, and Russian st…
Hungary's central bank left its policy rate unchanged at 6.25%, the second-highest in the European Union, while officials said recent currency strength and a subdued inflation reading may open the door to a rate reduction in June when fresh projections are published. Annual inflation stood at 2.1% in April, below the bank's 3% target.
The Bank of Canada’s External Deputy Governor Nicolas Vincent warned that structural changes in the country’s labour market - including low turnover, a rise in long-term unemployment and a growing share of young people unable to find work - will limit how effective rate cuts can be in supporting the economy. Vincent said monetary policy cannot full…
Senegal's dollar-denominated sovereign bonds fell on Tuesday after a political rupture between President Bassirou Diomaye Faye and his former prime minister, Ousmane Sonko. Sonko was elected speaker of the National Assembly days after being removed as premier and replaced by former central banker Ahmadou Alhaminou Mohamed Lo. The moves aggravated t…
French electricity forward prices climbed sharply as a heat wave across northwest Europe raised the prospect of nuclear generation curbs and diminished hydroelectric capacity. Month-ahead power contracts jumped to levels not seen since late March, while river and coastal temperature readings prompted market caution.
European Central Bank Chief Economist Philip Lane indicated the bank will likely raise its quarterly inflation projection in June, citing elevated oil prices driven by the Iran conflict. Lane warned that the shock could create indirect inflationary effects outside the energy sector and said policymakers are assessing the shock's magnitude amid unce…
Russian officials said Foreign Minister Sergei Lavrov informed U.S. Secretary of State Marco Rubio that Moscow intends to carry out "systematic and consistent strikes" on Ukrainian military facilities and what it calls "decision-making centers" in Kyiv. The Russian government urged foreign citizens, diplomatic staff, and international organizations…
A potential Labour leadership contest has sharpened political uncertainty in Westminster after Andy Burnham was cleared to stand in the Makerfield by-election on June 18. The campaign is already centering on Brexit, with frontrunners diverging in tone but not in immediate policy commitments. Polling indicates growing public appetite for closer ties…
India's refinery throughput dropped to 5.23 million barrels per day in April, an 8.9% fall from March, according to provisional government data released on Tuesday. The decline, equivalent to 21.39 million metric tons, also marked a 2.2% decrease versus April a year earlier. Disruptions linked to the U.S.-Iran tensions have constrained flows throug…
Major Wall Street banks are urging the Federal Reserve to formalize its recent shift away from routine use of "matters requiring attention" (MRAs) toward a revived, softer "observations" framework. Bank executives and industry sources say they want written legal clarity that supervisors will not routinely convert observations into MRAs unless the u…
Spain's Consumer Rights Ministry has imposed a temporary ban on U.S.-based prediction markets Polymarket and Kalshi for operating without a required gambling license, the official state gazette said. The ministry's gambling watchdog has launched an investigation into the platforms for alleged noncompliance with mandatory administrative authorizatio…
European Central Bank Chief Economist Philip Lane indicated the ECB will likely raise its inflation forecast in June to reflect a worsening macroeconomic outlook tied to the Middle East conflict. Lane told Nikkei that oil prices are expected to remain higher for longer than the March projections assumed, and while expanded U.S. natural gas supplies…
European Central Bank chief economist Philip Lane told the Nikkei that the bank is likely to revise both inflation and growth projections at its next quarterly review, reflecting a deteriorating macroeconomic outlook tied to the Middle East conflict and sustained upward pressure on oil prices. While increased U.S. natural gas supplies may provide s…
Bank of America updated its 2026 outlook for South Korea, lifting GDP growth to 3.1% year-over-year from a prior 1.9% forecast. The bank attributes the upgrade to a robust semiconductor upcycle, notably a sharp rise in DRAM price expectations, and forecasts an improvement in the current account surplus to 15% of GDP this year.
TOKYO, May 26 - The Japanese government in its May assessment kept its overall judgment that the economy is recovering moderately, while underscoring that geopolitical tensions in the Middle East and volatility in financial markets pose notable risks. Officials left most sector evaluations unchanged, noting modest improvements in business investmen…
U.S. equity futures climbed as traders returned from the holiday weekend, even as fresh military exchanges between the U.S. and Iran undermined hopes for a near-term peace settlement. Brent crude rose sharply above $98 a barrel, well above pre-war levels, while gold eased as the dollar held up. Tech earnings and AI demand helped lift specific equit…
