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.
5,904 total articles
Alan Taylor, an external member of the Bank of England's Monetary Policy Committee, told an audience that maintaining the current Bank Rate for an extended period is the appropriate course given the price pressures arising from conflict in the Middle East and the unclear economic outlook. He said the BoE rate - held at 3.75% last week - sits above …
Barclays and Stifel lifted their year-end S&P 500 targets to 7,800, citing robust corporate earnings and improving visibility in key sectors. The new target sits about 4.4% above the index's last close of 7,472.79. While brokers are increasingly bullish, concerns remain around inflation, a strong labor market and yields that could prompt Federal Re…
The U.S. Treasury reported that over 6 million children had Trump Accounts established by mid-June, with the program scheduled to begin on July 4. Accounts were opened via IRS Form 4547 on 2025 tax returns or through TrumpAccounts.gov. Roughly 1.4 million enrolled children qualify for a $1,000 Treasury seed payment; additional private and philanthr…
S&P Global's flash manufacturing PMI rose to 55.7 in June from 55.1 in May, driven by firms pre-ordering ahead of potential supply shortages and price increases. The services PMI also climbed, lifting the composite output index, but manufacturing employment plunged to 47.0 - its weakest reading since May 2020 - as rising overheads and raw material …
The U.S. Energy Department plans to provide $17.5 billion in financing to help utilities buy equipment for large-scale nuclear reactors produced by Westinghouse Electric Co. The loans target seven utilities that have signed letters of intent, and the move aligns with the administration's objective to have 10 conventional reactors under construction…
China's foreign minister Wang Yi appealed to BRICS partners to strengthen collective responses to a range of global challenges, including the Ebola outbreak in Africa, the risks posed by artificial intelligence, and the stewardship of strategic mineral resources. Speaking at a security meeting in New Delhi, he also urged cooperation on energy and f…
Bank of Canada Governor Tiff Macklem warned in Paris that expanding global imbalances and faster, less transparent capital flows through non-bank financial intermediaries increase financial stability risks. He highlighted China's growing trade surplus, the necessity of matching trade deficits with capital inflows, and the migration of risk-taking i…
Stada has held early discussions about acquiring Cooper Consumer Health from its private equity owners, with potential valuation cited at around €6 billion ($6.8 billion). Cooper is majority owned by CVC Capital Partners. Stada, which is owned by CapVest Partners, has signaled capacity to pursue sizeable consumer health acquisitions, but deliberati…
The pass rate for the CFA Level I exam in May was 39%, sliding below the 10-year average as more than 31,000 candidates took the test — the biggest intake for the first level since 2019. Candidates who postponed their exam continued to fare worse than first-time takers, and results for Level II candidates are scheduled for release on June 25.
A new Bank of America homebuyer insights report finds a majority of U.S. consumers now prefer purchasing a home rather than renting or moving in with family, the first time since 2023 that homeownership sentiment has led. The shift, led by younger generations, coincides with a modest shortening of buyers' timelines and increased use of AI in the se…
The U.S. Energy Department will offer $17.5 billion in low-interest loans to finance equipment for 10 Westinghouse AP1000 nuclear reactors across five two-reactor projects. The program, announced by the Trump administration and expected to be formalized later today, is designed to shorten construction schedules by as much as three years and to supp…
Minutes from Brazil's central bank indicate a strategic preference for alternating pauses with renewed easing to return inflation to the 3% target by the first quarter of 2028. Officials said extending the convergence horizon limits output volatility, while an attempt to meet the target by end-2027 would need abrupt and large moves in the Selic rat…
Italian Prime Minister Giorgia Meloni is reportedly considering calling a general election as soon as April, several years ahead of the statutory deadline at the end of 2027. Sources say Meloni fears further erosion of her approval ratings if she postpones the vote. An election in late 2027 would compress the timeline for a successor government to …
President Donald Trump announced a negotiated nuclear agreement with Iran that commits Tehran to extended inspections of its nuclear sites and prompts the United States to lift its naval blockade of the Strait of Hormuz. The accord includes sanctions relief limited to humanitarian purchases, with released funds held in a U.S.-controlled escrow acco…
Government figures show Britons paid £59.2 billion less tax than due in the 2024/25 financial year, equal to 6.4% of total liabilities. Small businesses contributed most to the gap. The government has set a target to cut the shortfall by £10 billion by 2029/30 even as progress on underpayment rates has been limited over two decades. Separate offici…
Akasa Air has set a target to expand capacity by 30% in the fiscal year ending March 2027 while exploring a government emergency credit guarantee scheme to bolster short-term liquidity. The carrier reported a 37% increase in operating revenue for the year ended March 31 and is balancing domestic market competition and Boeing 737 MAX delivery delays…
Oman and Iran have agreed to create a joint working team tasked with developing a framework for managing navigation through the Strait of Hormuz. The commitment was made during talks in Muscat involving senior Iranian and Omani officials and includes plans to consult other coastal states and relevant parties while upholding each country's sovereign…
Goldman Sachs expects core personal consumption expenditures (PCE) inflation to stay high through the end of 2026, then decline meaningfully in 2027 as pressures linked to artificial intelligence and energy passthrough ease. The firm’s forecasts for core PCE and core CPI show cooling between December 2026 and December 2027, supported by lower oil p…
Bank of America expects Mexico's central bank to vote unanimously to maintain its policy rate at 6.50% at the June 25 meeting and to keep that level through 2026. The firm highlights weak domestic activity, a negative output gap, contracting consumption and investment in Q1, and a relatively strong peso. Inflation sits below 4% but remains above ta…
Former Bank of Japan policymaker Sayuri Shirai said the yen could weaken to around 165 per dollar if the Federal Reserve raises rates this year, pointing to persistent U.S.-Japan interest-rate differentials and limited scope for renewed intervention in currency markets. Market positioning, recent BOJ moves and fiscal risks in Tokyo add to pressure …
The Federal Reserve will publish the results of its annual bank stress tests on Wednesday at 4:00 p.m. ET (2000 GMT). The exercise models a severe economic downturn to determine whether large banks would remain above minimum capital thresholds and to calculate the size of an additional stress capital buffer. This year’s results will offer a snapsho…
Ten years after the 2016 referendum, the economic consequences of Britain’s decision to leave the European Union continue to show across growth, prices, finance and markets. While some sectors such as fintech, life sciences and AI have maintained strong global positions, overarching weaknesses in investment, productivity and political stability hav…
Macquarie Economics predicts China will step up fiscal support in the months ahead to arrest a deeper slowdown, while stopping short of the broad, aggressive stimulus measures deployed in 2024. Economists Larry Hu and Yuxiao Zhang say a modest near-term easing of fiscal policy is likely, driven by a desire to protect growth without overcommitting b…
European Central Bank policymaker Peter Kazimir said on June 23 that the bank has more to do to ensure inflation expectations remain anchored, noting that damage from the Middle East conflict will not be undone quickly. He highlighted the June rate increase as a tool that positions the ECB to respond if incoming data require further action, and sai…
U.S. equity futures pointed lower as investors scaled back exposure to technology names, driven by fresh weakness in SpaceX shares and rising doubts about the sustainability of heavy AI-related investment. Nasdaq 100 futures plunged, while S&P 500 and Dow futures also moved lower. Energy markets softened after signs of progress in U.S.-Iran negotia…
