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 International Monetary Fund trimmed its projection for Israel’s 2026 economic expansion to 3.5% from a previous 4.8%, attributing the downgrade to heightened regional tensions. The IMF’s report warns of short-term inflationary pressures from rising energy costs and supply disruptions, notes the shekel’s multi-decade strength against the dollar,…
The U.S. Department of the Treasury has specified the investment lineup for Trump Accounts. At launch, all contributions will be placed in the State Street SPDR Portfolio S&P 500 ETF (SPYM) as the default. The Treasury also identified four additional index exchange-traded funds that will be made available later, and said it will add functionality t…
The U.S. Department of Agriculture announced a $500 million initiative, the Fertilizer Investment & Expansion for Long-Term Domestic Supply (FIELDS) Program, to finance construction and expansion of domestic fertilizer manufacturing. Administered through USDA Rural Development using Commodity Credit Corporation authorities, the program prioritizes …
European Central Bank Governing Council member Yannis Stournaras indicated the bank may not need to raise interest rates at its July meeting after consumer inflation in the euro zone slowed to 2.8%. Speaking in Sintra, Portugal, Stournaras called the reading a "big downside surprise" and cited a larger-than-expected drop in energy prices and develo…
Federal Reserve Chairman Kevin Warsh reiterated his view that the central bank's balance sheet is excessively large and should ultimately be reduced, but said any meaningful policy adjustment will be deliberate, publicly explained, and implemented only after markets understand the plan. He emphasized that interest rate policy should remain the prim…
Retail gasoline and diesel prices in Russia increased during the week of June 23-29 as drone strikes on oil-processing facilities contributed to reduced domestic fuel availability, according to Federal Statistics Service figures released Wednesday. Average gasoline prices rose 1.7% to 72.38 rubles per liter, while diesel jumped 2.3% to 84.84 rubles…
Federal Reserve Chairman Kevin Warsh announced a campaign to identify and use faster, more accurate measures of economic activity within nine to 12 months, saying current government statistics - some of which are prone to mismeasurement and revision - are insufficient for timely monetary policy decisions. He will assemble five task forces, includin…
U.S. Treasury yields moved higher at the start of July but retreated from earlier peaks after a mix of Federal Reserve commentary and labor-market data. The 30-year Treasury yield rose 5.9 basis points to 4.962% as Fed Governor Kevin Warsh said inflation expectations and risks have fallen in recent weeks and reiterated commitment to a 2% inflation …
Federal Reserve Chairman Kevin Warsh said he will soon disclose some outside experts who will serve on a set of advisory task forces reviewing central bank operations. Speaking at a panel of central bank governors in Sintra, Portugal, Warsh said non-U.S. experts will be on the teams and that announcements on appointments are likely next week. The t…
The United States will not pursue a multi-year renewal of the US-Mexico-Canada Agreement (USMCA), opting instead for yearly reviews, U.S. Trade Representative Jamieson Greer said in a Bloomberg interview. The pact remains active for another decade unless one of the three countries chooses to exit. Officials said the move could create sustained unce…
Delegates at the European Central Bank’s annual Sintra forum spent much of the three-day meeting debating how artificial intelligence might reshape financial markets, lending, labour and security. Speakers warned that AI’s rapid adoption could generate asset bubbles, complicate supervision of automated decisions and widen gaps between richer and po…
Speaking at a European Central Bank conference in Sintra, Bank of England Governor Andrew Bailey said the central bank is not in a position to consider cutting interest rates, despite oil prices slipping back toward pre-conflict levels. Bailey reiterated that expectations of cuts this year are no longer on the table and highlighted persistent uncer…
Cuba's top diplomat announced that negotiations opened earlier this year with the United States have produced no tangible advances, accusing U.S. measures of exacerbating shortages and contributing to fatalities. Foreign Minister Bruno Rodriguez said U.S. delegations combined respectful conduct with threats and coercive actions, and he criticized e…
At the Bank of Russia’s Financial Congress, Reserve Bank of India Governor Sanjay Malhotra said India is not planning to raise its official inflation target and may eventually lower it. He noted the inflation-targeting framework adopted in 2016 has helped reduce average inflation. India’s retail inflation was 3.93% in May and GDP expanded 7.8% year…
Rosatom reported a 40% rise in utilisation of its electric vehicle charging network between June 21 and June 28, CEO Alexei Likhachev said, as gasoline and diesel shortages linked to Ukrainian strikes on energy infrastructure have constrained supplies in parts of Russia. The state corporation operates more than 290 charging stations nationwide; Rus…
Federal Reserve Chairman Kevin Warsh told an audience in Sintra, Portugal, that measures of inflation expectations and inflation risks have fallen in recent weeks. He reiterated the Fed's determination to achieve a 2% inflation target, stressed the central bank's independence, and declined to provide forward guidance on monetary policy. Warsh also …
Delinquency on Brazilian loans not tied to a specific purpose rose to 6.2% in May from 6.1% in April, the highest reading since the central bank began tracking the series in March 2011. The increase occurred even after the government launched a new phase of a consumer debt renegotiation program in early May offering Treasury-backed guarantees to re…
Federal Reserve Chair Kevin Warsh declined to outline a forward path for interest rates at a central bank panel in Sintra, Portugal, endorsing European Central Bank President Christine Lagarde’s decision to stop providing forward guidance. Warsh also reiterated plans unveiled at his first Fed meeting to review and reform the Fed’s operational appro…
President Donald Trump told reporters he does not manage his personal finances and that professional funds handle his assets, a day after an annual ethics filing reported more than $1.4 billion in income tied to his family's crypto ventures. The 2025 disclosure to the U.S. Office of Government Ethics shows his companies received almost $800 million…
The U.S. Office of Government Ethics released President Trump's 2025 financial disclosure, revealing that cryptocurrency ventures accounted for more than $1.4 billion of reported income and surpassed traditional real estate revenue. The filing details large receipts tied to World Liberty Financial and licensing royalties for a $TRUMP meme coin, lis…
Saudi Aramco has cut its official selling prices for liquefied petroleum gas (LPG) for July by between 24% and 27%, with propane falling to $580 per ton and butane to $600 per ton. Algeria’s Sonatrach lowered its July LPG prices as well, reducing propane to $518 per ton and butane to $600 per ton, amid signs of increased global supply, according to…
A Reuters poll conducted June 26-July 1 shows most foreign exchange strategists expect the U.S. dollar's recent rally to fade in coming months as lower oil prices ease inflation concerns and reduce bets on additional Federal Reserve hikes. Still, a notable group of strategists and large net-long positions suggest the dollar may remain firm at least…
A poll of foreign exchange specialists finds Mexico’s peso is likely to remain around the center of its long-standing trading band through at least the first half of 2027. The median 12-month forecast among respondents sits near 17.78 per U.S. dollar, implying only a modest depreciation from current levels, with policymakers' stance and U.S. econom…
Poland spent about 4.7 billion zlotys (approximately $1.25 billion) over a three-month span to implement fuel price caps introduced in March. The measures included a reduced VAT rate on fuel, alignment of excise duties with the EU minimum, and daily caps on motor fuel prices; they were repeatedly extended every two weeks and concluded in June, the …
An IMF representative in Nigeria told business leaders that roughly 2% of the country’s GDP has not been captured in recent official budgets, largely because of large government projects executed off-budget. The discrepancy makes the headline fiscal deficit appear smaller than the true level of borrowing and complicates coordination between fiscal …
