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.
5,102 total articles
A report from the Federal Reserve Bank of New York finds that lower-income American households reduced gasoline spending in March after adjusting for higher prices, while higher-income households sustained their fuel outlays. The pattern resembles the K-shaped consumption response seen after the 2022 surge in fuel costs, and gasoline prices have co…
The International Monetary Fund has advised Angola to apply higher oil revenues toward rebuilding fiscal buffers and cutting debt rather than boosting public spending in the run-up to the 2027 elections. IMF resident representative Victor Lledo told reporters in Luanda that extraordinary oil receipts should be used to lower domestic financing needs…
Clorox Co completed a $1.5 billion debt offering split into three SEC-registered senior unsecured tranches with maturities of five, seven and 10 years. Coupon rates range from 4.700% to 5.250% and the notes are expected to carry Baa1 and BBB ratings from Moody's and S&P respectively. Proceeds will repay outstanding borrowings under a delayed draw t…
The U.S. Food and Drug Administration warned that shortages of sterile pads, sponges and strips used in neurosurgery could last until the end of 2026. The agency added these neurosurgical patties, sponges and strips to its medical device shortages list after a recall of Medline Industries' neuro sponge line in March for elevated endotoxin levels. T…
U.S. military units fired on and disabled an Iranian-flagged oil tanker identified as M/T Hasna on Wednesday in the Gulf of Oman after the vessel attempted to breach a blockade on Iranian ports, U.S. Central Command said in a post on X. The tanker, which was not carrying cargo, was prevented from reaching its intended Iranian destination.
South African Reserve Bank Governor Lesetja Kganyago told investors that policymakers must keep interest-rate options open as geopolitical shocks push fuel prices higher and inflation expectations stay above the 3% target. Although headline inflation has edged down in recent months and debt dynamics appear to be stabilising, the governor said suppl…
Chicago Federal Reserve President Austan Goolsbee cautioned that rising productivity does not guarantee lower inflation. If households and firms expect higher productivity in the future, their present-day spending could accelerate, potentially overheating the economy and prompting higher interest rates. The debate over productivity's net effect on …
President Donald Trump told reporters at a White House event that Iran wants to negotiate and that U.S. efforts in Iran are proceeding smoothly. Iran is reviewing a new U.S. proposal, while sources say Washington and Tehran are nearing a one-page memorandum intended to end hostilities in the Gulf and defer complex matters like Iran's nuclear progra…
Chicago Federal Reserve President Austan Goolsbee cautioned that rising productivity does not guarantee lower inflation. Speaking at a Milken Institute conference in Los Angeles, he argued that if households, firms and investors spend more because they expect future productivity gains, that increased demand could overheat the economy and require hi…
The International Monetary Fund and Serbian authorities have concluded a staff-level agreement on the third review of a 36-month Policy Coordination Instrument designed to facilitate external financing and support economic reforms. The IMF projects modest near-term growth, a stronger rebound in 2027, and higher inflation ahead, while stressing fisc…
A Statistics Canada study finds that 16.3% of Canadian millennials aged 25 to 39 were living with at least one parent in 2021, roughly double the rate experienced by baby boomers at the same age in 1991. The pattern is strongest in costly metropolitan areas such as Toronto and Vancouver and is associated with changes in education and family formati…
Minutes from a recent Treasury Borrowing Advisory Committee meeting show officials debated a proposal for the Treasury to place some of its excess cash in the overnight repurchase (repo) market. The move would mark a change from holding most reserves at the Federal Reserve and could return liquidity to short-term funding markets while seeking modes…
A London High Court judge ruled on Wednesday that Greece correctly calculated the repurchase price for GDP-linked warrants in a buyback conducted last year, rejecting claims from Wilmington Trust and a group of creditors that the amount paid was below market value. The decision affirms that the country's debt management agency followed the pricing …
St. Louis Federal Reserve President Alberto Musalem said risks to monetary policy have shifted toward higher inflation, driven by rising energy costs and renewed supply-chain strain. With inflation running above the Fed’s 2% goal and the labor market stable, Musalem said the central bank may need to keep its policy rate unchanged until there is cle…
The New York Federal Reserve's Global Supply Chain Pressures Index surged to 1.82 in April from 0.68 in March, the largest monthly uptick since March 2020 and the highest reading since July 2022. The increase reflects disruptions tied to the conflict that began with President Donald Trump's attack on Iran, which has curtailed shipping through the S…
The Autonomous Committee of Colombia’s Fiscal Rule (CARF) said a reduced operating budget will force it to stop routinely monitoring public finances in November and eventually cease issuing legally mandated opinions. The finance ministry allocated funding for only 10 of 12 months and provided 2.23 billion pesos for the year, an effective 8% real cu…
U.S. exports of refined oil products climbed to an all-time high of 8.2 million barrels per day last week, driven chiefly by a record level of diesel shipments, according to data the U.S. Energy Information Administration released Wednesday. The increase reflects heightened global demand for fuels such as diesel, jet fuel and gasoline amid supply d…
The U.S. Treasury said it will hold coupon and floating-rate note auction sizes steady for at least the next several quarters as it outlined a $125 billion refunding for May through July 2026 that will raise $41.7 billion of new cash from private investors. Primary dealers, according to Treasury Borrowing Advisory Committee minutes, expect nominal …
The Federal Reserve Bank of New York's Global Supply Chain Pressures index jumped sharply in April to levels not seen since July 2022. The index rose to 1.82 from 0.68 in March, marking the largest month-to-month increase since March 2020. The rise coincides with trade interruptions tied to the conflict sparked by President Donald Trump’s attack on…
The National Bank of Poland kept its key interest rate at 3.75% on Wednesday, underlining fiscal policy choices and fuel price regulations as principal sources of risk for inflation. The bank said future moves will be guided by incoming data on inflation and economic activity and warned that international developments and commodity price shifts are…
Federal Reserve Bank of St. Louis President Alberto Musalem told bankers that inflation risks have been rising relative to employment concerns and that the central bank's policy rate is at or near neutral. Musalem emphasized significant uncertainty in the outlook and said policymakers may need to keep rates at current levels for a prolonged period …
Morgan Stanley projects additional upside for Venezuelan sovereign bonds and PDVSA securities after a U.S. Treasury license permits Venezuela to retain legal and financial advisers. The bank highlights the license as a first step toward restructuring while warning that actual negotiations remain barred and future progress hinges on economic and ins…
The White House is considering an executive order that would mandate testing for artificial intelligence models before they are released to the public, National Economic Council Director Kevin Hassett said. The contemplated framework would impose pre-release evaluations similar in spirit to Food and Drug Administration drug approvals and could appl…
In April, Russia's federal oil tax collections climbed to their strongest level in six months as crude markets rallied amid the war in Iran. Finance Ministry figures, as interpreted in Bloomberg calculations, show April oil taxes at 707.1 billion rubles, with total oil and gas receipts near 856 billion rubles. The Urals benchmark averaged $77 per b…
U.S. Trade Representative Jamieson Greer said the Trump administration intends to raise China's ongoing energy purchases from Iran during President Trump's upcoming meeting with President Xi Jinping in Beijing. While Washington hopes the exchange will not derail broader talks or potential agreements, officials view the matter as a point of concern …
