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.
6,933 total articles
Most bond strategists surveyed remain of the view that shorter-dated U.S. Treasury yields will retreat over coming months even after a fresh escalation in the U.S.-Israeli war with Iran sent oil prices sharply higher and pushed benchmark yields to multi-week peaks. While longer-dated yields climbed and some policymakers warned inflation risks persi…
The Bank of France increased its estimate for second-quarter GDP to 0.2% after a June upswing in activity across services, industry and construction. The revision follows a 0.1% contraction in the first quarter and reflects firms adapting to an intense late-month heatwave while businesses reported moderating concerns about supply chains and input-c…
Roberto Perli, who oversees the System Open Market Account at the New York Federal Reserve, reiterated that Treasury bill purchases used to manage short-term liquidity - known as reserve management purchases (RMPs) - are not fixed and can be adjusted monthly based on money market conditions. He noted the FOMC signaled that temporary pauses in RMPs …
Federal Reserve Bank of Dallas President Lorie Logan told a New York Fed conference that shifting some central bank monetary policy operations to voluntary central clearing would likely strengthen U.S. markets and make open market operations more efficient. Logan referenced facilities such as standing repurchase agreements and reiterated that borro…
Roberto Perli of the New York Federal Reserve said the Fed's program of Treasury bill purchases is not fixed and can be increased, reduced, or paused in response to money market conditions. The purchases, begun in December to bolster short-term liquidity ahead of the mid-April tax deadline, have declined from $40 billion to $10 billion per month. P…
Lorie Logan, president of the Federal Reserve Bank of Dallas, told a New York Fed conference that shifting certain central bank policy operations onto a central clearing arrangement - on a voluntary basis - would improve the efficiency and effectiveness of open market operations and help support U.S. markets. Her comments focused on operational mec…
Poland’s central bank has bought 82 tons of gold in 2026 through Thursday, bringing its holdings to 632.4 tons as it pursues a stated goal of 700 tons. Governor Adam Glapinski said the bank added 37 tons since the last official update in April, equivalent to roughly $5 billion at current market levels, and framed the purchases as a move to strength…
Anthropic has added Ben Bernanke, Distinguished Fellow at the Brookings Institution and former U.S. Federal Reserve Chair, to its Long-Term Benefit Trust. The independent trust, which supervises how the AI company pursues its public benefit mission, holds powers to appoint board members and advise on AI risks and societal effects. Bernanke joins a …
The International Monetary Fund said Managing Director Kristalina Georgieva spoke with Venezuela's Acting President Delcy Rodriguez about deploying the country's $350 million paid-in reserve tranche of Special Drawing Rights to address immediate humanitarian needs stemming from the twin earthquakes on June 24. IMF spokesperson Julie Kozack clarifie…
US Treasury prices strengthened on Thursday as investors moved to buy bonds following price declines earlier in the week. The 10-year yield eased modestly while the 30-year held near recent highs. Geopolitical tensions between the United States and Iran and recent jobs data that underpinned expectations for unchanged Fed policy limited the scale of…
Short-term borrowing costs tied to equity financing surged around the June quarter-end, driven by heavy demand for leveraged exposure to popular technology names and semiconductors. While some measures of financing costs have retreated, market participants warn the structural drivers - high leverage, concentrated positions, and limited dealer balan…
The International Monetary Fund said it is eager to engage with the U.S. Federal Reserve over the Fed's planned review of forward guidance and its broader communications strategy. IMF spokesperson Julie Kozack reiterated that senior IMF officials view forward guidance as a useful policy tool when interest rates were near zero, and said it is reason…
Morgan Stanley projects global mergers and acquisitions will reach a record $6.4 trillion in 2026, driven by stronger equity markets, renewed corporate confidence and sizeable private equity dry powder. Momentum accelerated in the second quarter with announced deals and completions rising sharply, while the prospect of interest-rate increases remai…
New York Federal Reserve President John Williams told a conference audience that he does not anticipate a sustained rise in energy prices for the remainder of the year despite a renewal of conflict in the Middle East. He reiterated that markets expect oil to decline over the next six to 12 months, outlined the Fed’s deliberative decision-making rhy…
A 67-year-old former U.S. Olympic canoeist entered a not guilty plea after being criminally charged over alleged damage to the Lincoln Memorial Reflecting Pool's new liner. The case has become politically charged following a high-profile renovation that drew criticism and security responses after visible problems emerged.
Federal Reserve Bank of New York President John Williams told a conference at his bank that he does not anticipate a sustained rise in energy prices through the rest of the year, even as fresh fighting has flared in the Middle East. He said market pricing that signals lower oil in the next six to 12 months looks reasonable and stressed that monetar…
The International Telecommunication Union (ITU) announced a new initiative at the AI for Good Summit in Geneva to address trust and accountability concerns around increasingly autonomous AI agents. The ITU will form a Focus Group of technical, policy and legal specialists to produce frameworks that keep AI agents identifiable, reliable and subject …
Bank of America warns that U.S. front-end real yields are likely to stay elevated even as oil prices have pulled back. The bank says markets are increasingly reflecting the possibility of a firmer Federal Reserve response to persistent inflation, and it advocates maintaining short positions in two-year rates and inflation-linked trades while favori…
Initial applications for unemployment benefits in the United States fell by 2,000 to a seasonally adjusted 215,000 for the week ended July 4, a reading that points to a broadly stable labor market despite softer job growth in June. Continuing claims climbed amid seasonal adjustment quirks tied to the school holiday, and Federal Reserve minutes high…
The Japanese government plans to explicitly mention the Bank of Japan's independence in its economic blueprint to dispel any impression it intends to influence monetary policy, Kyodo said. The change follows bond market volatility after draft language prompted concerns that the government might push the BOJ to keep rates low. Authorities revised th…
Minutes from the European Central Bank's June 10-11 meeting show staff projections that headline inflation would climb further over the summer and stay above target into the first half of 2027, even after nearly three 25-basis-point interest rate increases were built into the outlook. The bank raised rates at that meeting and left open the possibil…
Iran’s Revolutionary Guards Navy accused U.S. forces of disrupting efforts to reopen the Strait of Hormuz and said that transit under Iranian control has recovered to roughly half of pre-conflict capacity in the last two weeks. The Guards said passage is being expanded only for ships holding permits to use Iran-designated routes and warned that fur…
Brazil has postponed a decision on removing a gasoline subsidy until next week, Finance Minister Dario Durigan said, citing rising oil prices linked to the U.S.-Israeli war against Iran. Durigan also announced an imminent increase in the ethanol content of gasoline to 32% from 30% and reiterated a desire to raise the biodiesel blend in diesel this …
Bank of America expects the Bank of Korea to raise its policy rate by 25 basis points at the central bank's July 16 monetary policy committee meeting. The bank cites continued inflationary pressures, rising property prices, resilient export growth and foreign exchange volatility tied to equity flows as reasons for the anticipated move. Markets will…
Kremlin spokesman Dmitry Peskov said the United States is mistaken to believe that deep Ukrainian strikes into Russian territory would help end the war. His remarks followed U.S. comments endorsing attacks on Russian refineries and included a warning that establishing a no-fly zone would effectively mean NATO forces operating in Ukraine. Peskov als…
