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.
6,527 total articles
Deutsche Bank analyst Henry Allen says a hawkish Federal Reserve, pre-priced expectations for a temporary conflict, richly valued equities after a rapid rally, and still-reduced tanker traffic through the Strait of Hormuz help explain why risk assets barely rallied after an interim U.S.-Iran agreement despite lower oil prices.
European Central Bank President Christine Lagarde told a European Parliament committee that the recent inflation shock in the euro area calls for policy action but does not yet show signs of destabilising second-round effects or unanchored inflation expectations. The ECB raised interest rates earlier this month after inflation climbed above 3%, and…
Andy Burnham declined to say whether he would call a general election, telling a BBC journalist on Monday that such a decision would require several steps and that he must first become leader of the Labour Party. He made the remarks on arrival in London from Manchester. Burnham is the sole confirmed entrant in the Labour leadership contest and is v…
European Central Bank President Christine Lagarde told a European Parliament committee on June 22 that the euro zone is facing an inflation shock large enough to require policy attention but not yet severe enough to push long-term inflation expectations off target or to trigger harmful second-round effects. The bank raised rates earlier this month …
Statistics Canada reported that consumer price inflation increased to 3.2% year-over-year in May, above economist expectations of 3.0% and higher than April's 2.8% gain. While higher gasoline prices tied to disruptions in the Middle East and the closure of the Strait of Hormuz were a major contributor, CPI excluding gasoline also ticked up to 2.2%,…
Goldman Sachs projects that an acceleration in electric vehicle adoption triggered by a Hormuz-related oil supply shock could lower global oil demand by as much as 0.32 million barrels per day by late 2027. The bank notes that global EV car sales penetration rose 3.4 percentage points to 26.1% last month, its second-highest reading ever, and presen…
Canada’s annual consumer price index rose to 3.2% in May, the highest reading in 29 months, driven largely by a sharp year-over-year increase in gasoline and elevated food and transportation costs. Excluding gasoline, the CPI still climbed to 2.2%. Core inflation measures were unchanged in May, while monthly inflation posted its largest rise in 15 …
Andy Burnham, the popular mayor of Greater Manchester, has positioned himself as Labour’s leading contender to succeed Keir Starmer after a recent parliamentary victory and Starmer’s announcement of his resignation. Burnham’s appeal rests on his regional record, his stance on decentralisation and state intervention, and a promise to reconnect Labou…
Offshore Norway said it will implement a lockout of Safe union members beginning June 27 in response to an ongoing wage dispute that prompted strike action on June 15. The lockout targets 1,272 Safe members out of roughly 1,770 workers covered by the wage agreement, with exemptions for safety-critical subsea emergency preparedness. The dispute, whi…
A survey of senior U.S. biotechnology leaders finds China has overtaken the United States in the number of clinical drug trials but still trails on several innovation metrics. Respondents said China leads in clinical development and supply chain capabilities, while the U.S. maintains advantages in technology transfer, financing, commercialization a…
Saudi Arabia's sovereign reserve manager has recently redeemed billions from at least two international asset managers and redirected some of those funds into strategies judged to deliver stronger results and greater liquidity. The redemptions, which began before the start of the Iran war, included a multibillion-dollar pull from passive index-trac…
Alan Greenspan, who led the U.S. Federal Reserve for 18.5 years after being appointed by President Ronald Reagan, died on June 22, 2026, at age 100 from complications of Parkinson’s Disease. His wife, NBC News journalist Andrea Mitchell, confirmed his passing and reflected on his public role and private life. Greenspan's tenure encompassed major ma…
Germany’s industry association BDI reduced its projection for 2026 economic growth from 1% to 0.4%, citing intensifying strains on the industrial base from elevated costs, poor investment conditions and geopolitical tensions, particularly the Iran war and its consequences for energy prices and supply chains. BDI President Peter Leibinger called the…
BofA Global Research now anticipates 75 basis points of Federal Reserve rate increases in 2026, citing resilient economic readings and an expectation of a more hawkish stance under new Chair Kevin Warsh. The bank foresees rate moves in September, October and December and diverges from market pricing and many Wall Street peers.
A federal appeals court on Friday blocked the Trump administration from putting into immediate effect a plan to cut about two-thirds of the U.S. Consumer Financial Protection Bureau's staff. The U.S. Court of Appeals for the District of Columbia Circuit returned the dispute to the district court but denied requests to allow instant layoffs or to im…
Germany’s leading industry association, the BDI, sharply reduced its growth outlook for 2026 and cautioned that the country’s industrial sector is under intense pressure from elevated costs, weak investment conditions and geopolitical shocks. The association called for a comprehensive reform package to restore competitiveness, including lower corpo…
Bank of America now expects the Federal Reserve to raise its policy rate by 25 basis points in each of September, October and December, taking the target to 4.25-4.50%. The bank says the Fed will then pause, with no rate reductions anticipated through 2028 as inflation and labor dynamics keep policy from becoming overtly restrictive.
Japanese authorities have maintained deliberately measured public messaging on currency policy, leaving investors uncertain about the timing and scale of any intervention as the yen trades near multi-year lows. Finance Minister Satsuki Katayama restated that Tokyo "will respond appropriately to currency moves at any time," while markets await wheth…
Keir Starmer announced his resignation as prime minister and leader of the Labour Party after consulting his party on whether he should continue leading into the next general election. He informed King Charles and asked the party's National Executive Committee to set a timetable that will open nominations on July 9 and conclude before the summer re…
A European Central Bank study published June 22 reports that the rapid adoption of artificial intelligence in the United States has not produced a large aggregate decline in employment or wages through 2025. The ECB's Economic Bulletin finds that while some occupations face high substitution risk - and have seen employment falls - overall labour ha…
Citigroup and UBS have each lifted their projections for Taiwan's real GDP growth in 2026 to 9.9%, citing stronger-than-expected export momentum. The two banks diverge on inflation and interest-rate outlooks: Citi sees domestic inflation building and expects the central bank to start hiking rates in December, while UBS anticipates the central bank …
U.S. equity futures pared early declines after Iranian officials reported progress in talks with Washington, reducing immediate concerns about renewed Middle East escalation. Attention also stayed fixed on the artificial intelligence industry as President Trump softened his stance on Anthropic following export-control disputes, while SK Hynix surpa…
Adrian Vestea, nominated as Romania's prime minister-designate by President Nicusor Dan, formally requested a parliamentary vote of confidence late Sunday. Despite securing backing from the Social Democrats, Vestea lacks support from the Liberal Party that nominated him and from its junior coalition partners, making passage of his cabinet unlikely …
Asian markets traded unevenly as stop-start talks between the U.S. and Iran suggested some progress even after threats of renewed strikes and a contested closure of the Strait of Hormuz. The episode dented oil prices and produced swings in equities and government bonds, while investors also grappled with elevated chances of Federal Reserve tighteni…
Iranian Foreign Minister Abbas Aragchi announced significant breakthroughs in diplomatic negotiations with the United States, held in Switzerland, marking a pivotal shift in the ongoing regional conflict. Pakistani and Qatari mediators confirmed that the initial round of high-level talks concluded with what they described as encouraging progress to…
