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.
6,589 total articles
The Bank of Canada’s Governing Council decided it could keep its policy rate unchanged at 2.25% at the time of its April 29 announcement, according to minutes released Wednesday. While headline inflation was near the 2% target and GDP growth remained subdued, members warned that rising energy costs tied to the Iran conflict and other trade uncertai…
The U.S. Senate is set to confirm Kevin Warsh as chair of the Federal Reserve, placing him in charge as the central bank contends with rising inflation that could complicate efforts to deliver the rate cuts urged by the president. Warsh will step into a policy environment marked by faster-than-expected producer and consumer price growth, an active …
Honeywell Chief Executive Vimal Kapur told Bloomberg Television that rising defense-related demand tied to the Iran conflict and growing adoption of artificial intelligence in industrial settings are boosting near-term demand for the company’s products. Kapur said these developments did not drive the company’s decision to split its automation and a…
A recent poll of economists finds the Bank of England is likely to keep its policy rate at 3.75% this year, but an increasing share of respondents now anticipate at least one rate hike as energy-price pressures tied to the Iran conflict lift inflation projections. Financial markets are more aggressive, pricing in two hikes. Growth forecasts remain …
Credit Agricole's emerging-markets research team projects two quarter-point increases from the South African Reserve Bank in May and July that would lift the policy rate to 7.25%. In a note from Sebastien Barbe, the bank says rising energy costs are accelerating inflation and that improving economic growth should help South Africa absorb tighter po…
A Federal Reserve survey of 13,099 adults conducted last October found that 73% of respondents described their personal finances as at least acceptable, while concerns about inflation remained widespread and anxiety about job security increased. Opinions on the national economy were weaker than in recent years, and several demographic groups report…
Boston Federal Reserve President Susan Collins warned that the Federal Reserve may need to raise interest rates if inflationary pressures do not subside. Collins tied a significant portion of the outlook for monetary policy to how long the war in the Middle East endures, saying longer conflict increases inflation risks and strains global supply cha…
An annual Federal Reserve survey of 13,099 U.S. adults conducted last October finds that about three-quarters of respondents considered their personal finances to be in reasonable shape, even as inflation stayed the dominant concern and worry about finding or keeping a job rose. The poll also captured first-time questions on generative AI, with rou…
Boston Federal Reserve President Susan Collins said the Fed may need to raise interest rates if recent inflationary pressures do not ease. Speaking to the Boston Economic Club, Collins emphasized the role of the Middle East conflict in amplifying inflation risks, described the U.S. economy as resilient, and said she expects to keep a slightly restr…
A federal appeals court in Manhattan unanimously rejected an appeal by Banco San Juan Internacional (BSJI) after the New York Federal Reserve moved to close the lender’s master account amid concerns about compliance with U.S. sanctions and anti-money-laundering rules. The 3-0 decision affirmed that regional Reserve Banks have discretion to grant or…
Prime Minister Keir Starmer sought to use the State Opening of Parliament and the King's ceremonial address to reassert authority after Labour's poor local and regional election results. Reports that Health Secretary Wes Streeting was poised to resign, potentially triggering a leadership contest, surfaced as the King approached Parliament in full c…
UBS has pushed back its projection for the Federal Reserve's first interest rate cut to December 2026 from September, pointing to persistent core goods inflation, rising supply-chain pressures and resilient domestic demand. The bank now foresees two reductions - in December 2026 and March 2027 - taking the federal funds rate to 3.00%-3.25% by the f…
Bank of England policymaker Catherine Mann warned that the growing share of price-sensitive foreign investors buying UK government debt in place of domestic pension funds could elevate volatility in gilt yields. She noted that while such investors can help keep interest rates lower, they may also withdraw quickly in response to shocks, potentially …
Bank of England policymaker Catherine Mann told an LSE audience that the increasing role of international, price-elastic investors in the UK gilt market could amplify volatility in borrowing costs. Her remarks followed a day of market turmoil that pushed 30-year and 10-year British yields to multi-decade highs and came amid political pressure on th…
The U.S. dollar firmed following a larger-than-expected rise in producer prices for April, a report that intensified market bets on prolonged tight U.S. monetary policy. The move coincides with the start of a two-day meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing, where trade and business access are key topi…
Retail sales volumes in Brazil rose 0.5% in March from February, marking a record high and the third consecutive monthly increase, with five of eight retail sectors posting gains. Annual sales climbed 4.0%, well above Reuters poll expectations, even as economists warn that high interest rates and tight credit are restraining large discretionary pur…
The Producer Price Index for final demand climbed 1.4% in April, the largest monthly increase since March 2022, the Labor Department's Bureau of Labor Statistics reported. The gain followed an upward revision to March's 0.7% advance and was broad-based across goods and services. On a 12-month basis, producer prices rose 6.0%, reflecting both strong…
Producer prices rose more than economists forecast in April, with headline and core PPI readings exceeding Reuters poll estimates. The data pushed S&P 500 futures into negative territory and saw Dow E-minis move notably lower while Nasdaq 100 E-minis rose. The report reinforced expectations that the Federal Reserve will keep interest rates unchange…
UBS analysts report that global crude inventories have fallen sharply since February and may reach record lows by the end of May. Temporary cushions - including demand destruction, strategic reserve releases and transit waivers for Iranian and Russian cargoes - have delayed the descent, but those offsets are fading. The bank flags heightened price …
Pakistan’s gross value added rose 3.99% year-on-year in the January-March 2026 quarter, the Bureau of Statistics reported Wednesday. Growth slipped slightly from the 4.05% rate in the prior quarter, with the services sector leading the expansion, industry moderating and agriculture recording a modest acceleration.
Prime Minister Keir Starmer said the government will introduce a European Partnership Bill to put in place agreements with the European Union now and going forward. The move, announced in the King's Speech, seeks to rebuild economic ties with the bloc while the prime minister faces calls to step down following electoral setbacks. The bill would ena…
A poll of economists finds the European Central Bank is likely to raise its deposit rate by 25 basis points in June and to implement at least one additional rate increase this year as policymakers seek to prevent the rise in energy costs from the Middle East war from feeding into core inflation. With consumer inflation already more than one percent…
An ECB supervisory vice chair has called on banks across the euro area to act swiftly to shore up IT systems against cyberattacks assisted by advanced AI tools such as Anthropic's Mythos. The official said limited regional access to Mythos increases the urgency for banks to remediate weaknesses, while noting that even more capable AI models could a…
JPMorgan Chase's chief executive said the bank might reconsider its planned multibillion-dollar headquarters tower in London's Canary Wharf if Prime Minister Keir Starmer is removed and replaced by a government hostile to banks. While reaffirming the firm's broader strategy in the U.K., Jamie Dimon pointed to political risks, the bank's tax burden …
As Kevin Warsh prepares to assume leadership of the U.S. Federal Reserve, a pivotal decision looms: whether to submit an interest rate projection and corresponding "dot" in the Fed's June Summary of Economic Projections (SEP). With the Fed meeting set for June 16-17 and Warsh's confirmation and swearing-in timing uncertain, the choice to supply or …
