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.
5,912 total articles
The European Central Bank is poised to lift interest rates next week to counter rising inflation driven by an energy shock. With the 21-country euro zone economy weaker than during the 2022 energy crisis, officials must balance curbing price pressures against the risk of deepening the growth slowdown. Markets and policymakers are focused on whether…
The Reserve Bank of India left its key policy rate unchanged at 5.25% and maintained a neutral policy stance, deferring further action until geopolitical and domestic supply shocks become clearer. Governor Sanjay Malhotra cut the growth forecast for the fiscal year to 6.6% and raised the expected consumer price index inflation to 5.1%, citing highe…
Partners Group, the Zug-based private markets manager founded by three former Goldman Sachs bankers, faced its steepest stock-market decline after it stopped redemptions on an $8.6 billion private equity vehicle amid rising client withdrawals and scrutiny over asset valuations. Sources said the firm will also gate a larger U.S. fund seeing accelera…
Japan's digital minister, Hisashi Matsumoto, warned that the country risks becoming an 'AI colony' if it does not accelerate domestic AI development. He defended a government-drafted bill to amend the personal data protection law so AI developers can use sensitive records, including medical and criminal files, for model training without individuals…
The Reserve Bank of India held its repo rate at 5.25% on June 5, with the Monetary Policy Committee unanimously voting to keep a neutral stance. The central bank signalled concern about a deteriorating global environment, noting that higher crude prices and record foreign fund outflows have weakened the rupee, even as retail inflation is expected t…
A slight revenue shortfall at U.S. chipmaker Broadcom set off a broader sell-off in technology stocks that deepened across Asia on Friday, pressuring South Korean markets and the won. Oil prices held near $95 a barrel amid ongoing concern about supply after recent flare-ups, while attention turns to U.S.-Iran developments and U.S. employment data f…
Economists expect U.S. payrolls to have expanded in May, but at a slower pace than in recent months. Forecasts point to a reading consistent with a stable labor market - supported by low layoffs, corporate profit gains and tariff- and tax-related refunds - while elevated gasoline prices tied to the Middle East conflict and policy-driven labor force…
The Japanese yen has reached the 160-per-dollar mark for the third consecutive trading session, triggering warnings from Japanese financial authorities. Simultaneously, the U.S. dollar is positioned to secure weekly gains as heightened instability in the Gulf region drives investors toward safe-haven assets. This movement occurs against a backdrop …
New government statistics released on Friday indicate that Japan's real wages grew by 1.9% in April compared to the previous year. This marks the fourth consecutive month of gains for real wages, a trend driven by an increase in special payments and improved household purchasing power. The data arrives as the Bank of Japan prepares for its next int…
On Thursday, global markets displayed a notable level of resilience, with major U.S. indices recording significant gains despite a period of mixed geopolitical signals regarding the Middle East. While the technology sector faced downward pressure due to concerns surrounding artificial intelligence, other sectors provided enough momentum to propel t…
A Reuters poll of property analysts found Australian dwelling values are on track for their weakest annual growth since 2022, driven by rising mortgage costs, persistent inflation and stretched affordability. Median forecasts point to a 1.0% rise this year, with significant divergence across major cities and continued pressure on rental markets.
Venture capitalist Kevin O’Leary has agreed to dramatically shrink his proposed Stratos data center development in Utah after pressure from state lawmakers. The plan's revisions include significant land set-asides, water commitments to the Great Salt Lake, and independent reviews of environmental and infrastructure impacts, while the project remain…
San Francisco Federal Reserve President Mary Daly said artificial intelligence has the potential to lower inflation over a five- to 10-year horizon, but she emphasized that this possibility is not material to current monetary policy decisions. Daly told a Bloomberg Tech audience that monetary policy operates on roughly a 12-month timeframe, AI-driv…
Speaking in St Petersburg, President Vladimir Putin said U.S. President Donald Trump asked Russia to consider concessions to help reach a peace agreement with Ukraine. Putin said Russia possesses sufficient resources to meet its military aims yet is open to a negotiated resolution provided Ukraine offers reciprocal compromises. He described Russia'…
Russian President Vladimir Putin told journalists that Russia and China will shortly conclude new energy agreements that he said will be beneficial for the global energy market. He gave no additional particulars on the nature or timing of the deals. Putin also noted continued cooperation with China in the military sphere and described the bilateral…
President Donald Trump plans to invoke the Defense Production Act to allocate nearly $700 million to the U.S. coal sector, officials say. The funds are intended for upgrades at more than a dozen coal-fired power plants, financing for two new coal plants and support for construction of a West Coast coal export terminal. The administration frames the…
Research from the Federal Reserve Bank of Boston concludes that the Federal Reserve can put greater weight on inflation when responding to oil price shocks because shifts in U.S. energy use and production have altered the link between oil shocks and employment. The report finds oil price surges now have a smaller effect on inflation and can even su…
A Federal Reserve Bank of Boston study argues that structural changes in U.S. energy use and production mean the Federal Reserve can concentrate monetary policy on inflationary pressures stemming from the Middle East oil price shock rather than on employment impacts. The paper finds oil shocks now have a more muted effect on overall employment and …
Partners Group reported increased withdrawal requests across several funds, including a Delaware-based vehicle where repurchase requests exceeded the quarterly 5% limit. Blackstone capped redemptions at its flagship private credit fund after a jump in redemption demands. The moves highlight mounting liquidity pressure in evergreen private credit st…
The Canadian government announced a comprehensive artificial intelligence strategy called AI for All that targets $200 billion in economic growth and pairs direct funding with equity investments in AI startups over the next five years. The plan sets adoption, jobs and training targets, includes a public AI supercomputer and sovereign compute invest…
The New York Federal Reserve's Global Supply Chain Pressure Index fell slightly in May to 1.77 from 1.82 in April, but remains at levels comparable to the latter part of 2022. The Fed bank ties ongoing supply disruptions to the U.S.-backed war with Iran and the effective shutdown of the Strait of Hormuz, which has constrained flows of oil and other…
The International Monetary Fund is holding discussions with Venezuelan authorities about launching an Article IV consultation, IMF communications director Julie Kozack said at a Washington press briefing. The fund has not carried out its regular annual review of Venezuela's economy since 2004. IMF Managing Director Kristalina Georgieva recently met…
The federal government unveiled a national artificial intelligence strategy designed to add 250,000 jobs by 2031 and lift GDP through wider AI adoption. The plan includes a C$500 million Canadian Tech Growth Fund, C$500 million in Business Development Bank of Canada support for SMEs, and C$50 million for AI risk monitoring, alongside proposed consu…
The International Monetary Fund recommended a cautious approach to U.S. interest-rate policy ahead of the Federal Reserve’s first policy meeting chaired by Kevin Warsh, saying persistent upside inflation risks from energy price shocks and growing pass-through of higher tariff costs have prompted a further delay in its forecast for inflation to retu…
The Bipartisan Policy Center projects the U.S. Treasury could need to employ extraordinary accounting steps as early as next year to prevent a default. The report estimates the statutory debt limit will be reached between late winter and mid-summer of 2027, after which the Treasury may have an additional six to nine months of flexibility before a d…
