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.
7,188 total articles
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 …
The U.S. Treasury announced a $125 billion issuance of notes and bonds to refund about $83.3 billion of privately-held securities maturing on May 15, while raising roughly $41.7 billion in fresh cash. The package comprises a $58 billion 3-year note, a $42 billion 10-year note and a $25 billion 30-year bond, with auctions set the week of May 11 and …
Brazilian President Luiz Inacio Lula da Silva will meet U.S. President Donald Trump in Washington on Thursday to discuss tariffs and cooperation against organized crime, and Brazil says it is prepared to address U.S. concerns about its instant payments system Pix and deforestation rates, Finance Minister Dario Durigan said.
German Chancellor Friedrich Merz said he remains committed to maintaining strong transatlantic relations even as he publicly disagrees with U.S. President Donald Trump over the conduct of the Iran war. Speaking to public broadcaster ZDF, Merz signaled he will continue to raise his views directly with Trump, noting the two leaders remain in regular …
Brazilian Finance Minister Dario Durigan said President Luiz Inacio Lula da Silva will meet U.S. President Donald Trump in Washington on Thursday to discuss tariffs and cooperation on organized crime. Durigan told state broadcaster EBC that Brazil is preparing for constructive talks and is ready to respond to U.S. inquiries about the Pix instant pa…
BCA Research says that although the closure of the Strait of Hormuz has not yet pushed the global economy into recession, seven factors have so far mitigated the shock. Chief Strategist Peter Berezin cautions that the risk of recession would rise significantly if the strait stays closed into June. BCA is currently neutral on global equities but wil…
DeepSeek, a Chinese large language model developer, is reportedly preparing its first external fundraising round that could value the company as high as $50 billion. Discussions are said to include China’s 60-billion-yuan national artificial intelligence fund and private technology investors, with the start-up possibly aiming to raise $3 billion to…
A May 1-6 poll of foreign exchange strategists finds the U.S. dollar poised to remain range-bound in the near term, with short-term direction tied to developments in the U.S.-Israel war with Iran and disruptions to oil flows through the Strait of Hormuz. While the dollar rallied early in the conflict on short-covering and safe-haven flows, most gai…
Banca Generali raised its 2026 net interest income guidance, citing expected interest rate increases during the year. The private bank posted stronger first-quarter earnings and healthy net inflows, and has submitted a binding bid to buy a majority stake in Investlinx, an Irish ETF platform managing about 240 million euros.
Egypt's annual consumer inflation fell to 14.9% in April from 15.2% in March, while monthly inflation slowed to 1.1% from 3.2%. The weaker monthly print reduces near-term odds of a rate hike at the central bank's May 21 policy meeting, even as the economy faces imported energy costs, a softer pound and capital outflows tied to the Iran war.
A study prepared for China’s Chamber of Commerce to the EU estimates that proposed EU cybersecurity rules phasing out equipment from so-called "high-risk" suppliers across 18 critical sectors would cost the bloc 367.8 billion euros ($432.83 billion) between 2026 and 2030. Germany would shoulder the largest share, with projected losses of 170.8 bill…
Egypt's urban consumer price inflation dropped to 14.9% year on year in April from 15.2% in March, according to official statistics from CAPMAS. On a monthly basis, overall prices rose 1.1% in April while food and beverage costs fell 0.7% month on month but remained 6.7% higher than a year earlier. Analysts had expected inflation to rise, citing re…
Central banks largely paused policy easing in April as the Iran war drove oil prices higher and pushed inflation expectations up. Six banks that oversee the 10 most traded currencies left rates unchanged, while some emerging market authorities moved cautiously amid currency weakness and surprise inflation readings.
Israel has agreed to transfer jet fuel to Germany after a recent request from Berlin, the Israeli energy ministry said Wednesday. The ministry said shipments will be coordinated with refineries but did not specify volumes or timing. Officials also said Israel will evaluate options for assisting with natural gas supplies. The decision was cleared by…
Kevin Warsh argues in a forthcoming book that the Federal Reserve's long-standing practice of recording and eventually publishing full transcripts of its policy meetings dampens open debate among officials. Drawing on work he carried out for the Bank of England and remarks made in a 2023 interview, Warsh proposes turning off recording for initial r…
