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.
7,192 total articles
The selection for the next president of the Federal Reserve Bank of Atlanta was paused when Kevin Warsh became chairman of the Federal Reserve Board. Sources familiar with the search said the process had been close to conclusion in the spring but was held until Warsh could review candidates. The Atlanta Fed's local board says it is conducting a del…
Mexico’s finance ministry completed a dual-tranche bond sale totaling $6.3 billion, issuing a new 11-year note and reopening a long-dated issue. Proceeds will be used to repurchase government obligations scheduled to mature in 2027 and 2028, a move the ministry said is designed to reduce refinancing pressure and lengthen the nation’s debt maturity …
A study from AidData finds that Kenya’s conversion of three Chinese railway loans from U.S. dollars to yuan - including extended maturities and additional grace periods - has spurred interest from at least five other nations. The restructuring lowered Kenya’s debt-service burden by roughly $215 million a year and echoes a wider move by China Eximba…
U.S. Treasury yields dipped on Tuesday as a pullback in equities pushed investors into government debt. Short-term yields stayed close to 16-month highs while market participants weighed the possibility of a more hawkish Federal Reserve after policymakers signaled potential rate hikes later this year amid inflation above the 2% target.
Italian Prime Minister Giorgia Meloni urged a return to normal diplomatic relations with the United States following a public disagreement with President Donald Trump. Speaking to reporters at an event in Rome, she said she does not intend to prolong the dispute, reaffirmed that Italy's foreign policy will remain unchanged, and indicated she does n…
SpaceX shares have continued to experience sharp intraday swings since their June 12 market debut, briefly dipping below the first-day opening price before recovering on a broadly weak day for technology stocks. The stock has risen as much as 67% from its opening and also fallen about 35% from that high. Market participants say the recent volatilit…
U.S. Secretary of State Marco Rubio stated that Iran would not be permitted to impose tolls on vessels transiting the Strait of Hormuz under any prospective agreement with the United States, calling such a move a violation of international law. Rubio also said the U.S. intends to engage directly with the Lebanese government and warned that ending r…
Bank of England policymaker Alan Taylor told a Barclays and CEPR event that he sees a lower risk of second-round inflation effects from energy price rises tied to the Iran war than was observed after Russia’s 2022 invasion of Ukraine. He pointed to the timing of this year’s wage settlements and compared the current situation to 2011, when weak labo…
A Dallas Fed analysis concludes that the spike in oil prices to above $120 a barrel last spring reduced U.S. gross domestic product by about 0.3 percentage point. The study attributes the shock to a roughly 15% loss of global oil supply following a U.S.-backed war with Iran that closed the Strait of Hormuz. While world output fell and global demand…
Bank of Canada Governor Tiff Macklem said the recent uptick in the Consumer Price Index was concentrated in energy, driven by oil, while stressing concern about food price inflation. Canada's annual inflation rate for May rose to 3.2%, moving above the Bank's 1-3% target range for the first time in 29 months. Macklem noted an Iran peace deal reduce…
A new initiative called the Vulnerability to Viability (V2V) Compact was announced by the Climate Vulnerable Forum (CVF) and V20 finance ministers, bringing together 74 economies and more than a dozen multilateral development banks to push for lower-cost, more predictable finance for countries facing frequent climate shocks and higher sovereign bor…
A poll of economists indicates Colombia’s central bank is likely to lift interest rates at its June 30 meeting after holding them steady in April. Analysts are divided on the magnitude of the move as inflation remains well above the bank’s 3% target and political tensions previously influenced a pause in tightening.
The United States widened economic measures against Cuba on Tuesday by blacklisting the island’s principal military bank, a state-run mining company and other entities tied to revenue generation and logistics. The Treasury Department’s new designations target organizations that handle hard-currency transactions and exploit mineral and metal reserve…
Alan Taylor, an external member of the Bank of England's Monetary Policy Committee, told an audience that maintaining the current Bank Rate for an extended period is the appropriate course given the price pressures arising from conflict in the Middle East and the unclear economic outlook. He said the BoE rate - held at 3.75% last week - sits above …
Barclays and Stifel lifted their year-end S&P 500 targets to 7,800, citing robust corporate earnings and improving visibility in key sectors. The new target sits about 4.4% above the index's last close of 7,472.79. While brokers are increasingly bullish, concerns remain around inflation, a strong labor market and yields that could prompt Federal Re…
The U.S. Treasury reported that over 6 million children had Trump Accounts established by mid-June, with the program scheduled to begin on July 4. Accounts were opened via IRS Form 4547 on 2025 tax returns or through TrumpAccounts.gov. Roughly 1.4 million enrolled children qualify for a $1,000 Treasury seed payment; additional private and philanthr…
S&P Global's flash manufacturing PMI rose to 55.7 in June from 55.1 in May, driven by firms pre-ordering ahead of potential supply shortages and price increases. The services PMI also climbed, lifting the composite output index, but manufacturing employment plunged to 47.0 - its weakest reading since May 2020 - as rising overheads and raw material …
The U.S. Energy Department plans to provide $17.5 billion in financing to help utilities buy equipment for large-scale nuclear reactors produced by Westinghouse Electric Co. The loans target seven utilities that have signed letters of intent, and the move aligns with the administration's objective to have 10 conventional reactors under construction…
China's foreign minister Wang Yi appealed to BRICS partners to strengthen collective responses to a range of global challenges, including the Ebola outbreak in Africa, the risks posed by artificial intelligence, and the stewardship of strategic mineral resources. Speaking at a security meeting in New Delhi, he also urged cooperation on energy and f…
Bank of Canada Governor Tiff Macklem warned in Paris that expanding global imbalances and faster, less transparent capital flows through non-bank financial intermediaries increase financial stability risks. He highlighted China's growing trade surplus, the necessity of matching trade deficits with capital inflows, and the migration of risk-taking i…
Stada has held early discussions about acquiring Cooper Consumer Health from its private equity owners, with potential valuation cited at around €6 billion ($6.8 billion). Cooper is majority owned by CVC Capital Partners. Stada, which is owned by CapVest Partners, has signaled capacity to pursue sizeable consumer health acquisitions, but deliberati…
The pass rate for the CFA Level I exam in May was 39%, sliding below the 10-year average as more than 31,000 candidates took the test — the biggest intake for the first level since 2019. Candidates who postponed their exam continued to fare worse than first-time takers, and results for Level II candidates are scheduled for release on June 25.
A new Bank of America homebuyer insights report finds a majority of U.S. consumers now prefer purchasing a home rather than renting or moving in with family, the first time since 2023 that homeownership sentiment has led. The shift, led by younger generations, coincides with a modest shortening of buyers' timelines and increased use of AI in the se…
The U.S. Energy Department will offer $17.5 billion in low-interest loans to finance equipment for 10 Westinghouse AP1000 nuclear reactors across five two-reactor projects. The program, announced by the Trump administration and expected to be formalized later today, is designed to shorten construction schedules by as much as three years and to supp…
Minutes from Brazil's central bank indicate a strategic preference for alternating pauses with renewed easing to return inflation to the 3% target by the first quarter of 2028. Officials said extending the convergence horizon limits output volatility, while an attempt to meet the target by end-2027 would need abrupt and large moves in the Selic rat…
