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.
4,092 total articles
Deutsche Telekom AG and Nvidia Corp. inaugurated a €1 billion ($1.2 billion) data center in Munich on Wednesday. Finance Minister and Vice Chancellor Lars Klingbeil attended the opening and said the facility will reinforce Germany's digital independence and serve as a core pillar for the German and European AI ecosystem. SAP SE will provide platfor…
Poland's Monetary Policy Council kept the benchmark interest rate at 4% for a second straight month, citing the need to assess the effects of 175 basis points of easing implemented during 2025. The move follows data showing the economy expanded by 3.6% in 2025 and inflation running at 2.4% in December, below the 2.5% target.
The U.S. Treasury announced a $125 billion quarterly refunding for February-April 2026 that aims to raise $34.8 billion in new cash from private investors. It will hold coupon and floating rate note auction sizes steady for the near term, publish specific next-week auction sizes, and expects to reduce short-dated bill auctions around the April 15 t…
Confidential calculations by economists tied to a government think tank indicate Russia's budget shortfall could widen to 3.5-4.4% of GDP in 2026, far above the government's 1.6% target. The projected deterioration reflects an assumed 18% fall in energy revenues, lower total budget receipts and a potential rise in spending, while fiscal reserves ma…
Fitch Ratings projects Poland's fiscal deficit will stay near 7% of GDP in 2026, declining only gradually to just under 6% by 2028. The agency expects general government debt to reach 70% of GDP in 2027 and cautions that an absence of further consolidation, weaker growth, or sharply higher debt servicing costs could trigger a sovereign rating downg…
The European Central Bank is widely expected to keep rates on hold through the coming meetings, but Deutsche Bank economists say further easing remains a clear risk if the euro strengthens, growth weakens, or inflation slows. While the bank's baseline assumes domestic resilience will prevail and policy will remain unchanged, recent currency moves, …
Inflation across the 21 euro area countries slowed to 1.7% in January, driven by lower energy prices. A core inflation gauge that excludes energy, food, alcohol and tobacco also eased to 2.2% from 2.3%, with services prices continuing to moderate. Most economists expect the soft patch to persist for at least a year, and the readings are unlikely to…
Bank of America analysts view Colombia as not having reached 'receiver territory' even after a hawkish move by the central bank, BanRep. The firm argues a front-loaded hiking cycle signals a stronger resolve to anchor long-term inflation expectations and could allow a lower terminal policy rate than a slower pace would permit. BofA favors relative-…
U.S. futures were modestly higher as markets absorbed a steep decline among software firms tied to artificial intelligence and awaited quarterly results from Alphabet. The technology sector remains the focal point after fresh competition from an AI legal tool pressured publishers and data companies, while other macro developments - including a Fede…
Kenya's private sector registered continued expansion in January, but activity cooled from December as the Stanbic Bank Kenya Purchasing Managers' Index (PMI) fell to 51.9 from 53.7. The slowdown was driven by outright falls in demand in construction and wholesale and retail, while manufacturing firms more often recorded sales growth. Official fore…
Sovereign yield premiums in the euro area have fallen to levels not seen since the 2008 Lehman collapse, driven by expectations of ECB rate cuts and growing prospects for joint debt. However, investors and analysts warn that further convergence toward a single, tightly unified spread may be constrained unless the EU advances banking union, capital …
Activity in India's services sector rebounded in January, with HSBC's services PMI rising to 58.5 from 58.0 in December, driven by a faster expansion in new business and stronger export orders. Employment growth was only marginal, while input costs increased, prompting firms to raise output charges.
The U.S. dollar traded with little change while the Japanese yen weakened near a two-week low as investors weighed Kevin Warsh's Fed nomination and an upcoming national election in Japan. The euro and sterling were steady ahead of European central bank policy meetings, and markets continued to factor in recent U.S. political developments and centra…
The National Institute of Economic and Social Research (NIESR) expects the UK unemployment rate to average 5.4% this year, its highest level since 2015. Rising labour costs - driven by an elevated minimum wage and a jump in employers' social security contributions - are cited as a key factor, alongside a return of previously inactive people to the …
Josh Harris, a veteran private equity executive who co-founded Apollo and now runs 26North Partners, warned at a finance conference in West Palm Beach that efforts to direct retail retirement capital into private markets carry significant risks. He argued that retail investors may not appreciate liquidity constraints in some private structures and …
Brazilian President Luiz Inacio Lula da Silva is leaning toward endorsing Finance Minister Fernando Haddad's proposed nominees for two open directorships at the central bank: Guilherme Mello and Tiago Cavalcanti, according to people familiar with the matter. The choices, if confirmed, would fill vacancies on the bank's nine-member interest-rate-set…
Kaiser Permanente has urged patients to complete urgent laboratory testing this week as unions representing pharmacy and lab staff in Southern California filed for a strike set to begin next week. The move comes as an open-ended strike by more than 31,000 nurses and health workers across California and Hawaii proceeds into a second week. Kaiser war…
A Bank of Canada analysis attributes the sharp rise in grocery prices in 2025 mainly to higher costs for imported foodstuffs and processed goods, compounded by a weaker Canadian dollar and specific supply shortages. Food inflation reached 5% in December 2025, driven by large increases in certain categories and by domestic pressures in livestock and…
At the Cisco AI Summit in San Francisco, OpenAI CEO Sam Altman characterized the trending social experiment Moltbook as potentially short-lived while underscoring the lasting value of the underlying OpenClaw technology. He addressed the platform's rapid rise, described the capabilities supporters attribute to its bot, and noted that security flaws …
Argentina's financial markets reacted negatively after the head of the national statistics agency resigned and the implementation of a revised consumer price index (CPI) methodology was delayed. Authorities and market participants are at odds over the timing of the methodological change, a dispute that has revived concerns about statistical indepen…
At a financial conference on Tuesday, Citadel CEO Ken Griffin warned that rhetoric from the current administration has reduced the attractiveness of the U.S. dollar, urged greater fiscal discipline with bipartisan support to tackle the national debt, and endorsed Kevin Warsh as a solid choice for the Federal Reserve. He also commented that Democrat…
The White House convened representatives from major banking trade groups and crypto industry organizations to try to bridge a months-long impasse over proposed federal digital-asset legislation. The meeting ended without an agreement, with fundamental differences persisting over whether interest and other rewards on stablecoins should be permitted.…
Wolfe Research says Kevin Warsh's arrival at the Federal Reserve creates a complex balance-sheet outlook in which both further easing and quantitative tightening (QT) are conceivable. Analyst Tobin Marcus highlights President Trump's mortgage-driven intervention and the Powell Fed's reserve management shift, while noting Warsh's history of advocati…
The U.S. dollar has swung sharply in response to policy developments and questions about Federal Reserve independence, unsettling commodity markets, lifting currency volatility and prompting investors to reassess exposures to U.S. assets. Sudden rebounds after a steep weekly decline have driven dramatic moves in gold, silver, copper and oil while a…
Mexico announced a 5.6 trillion-peso ($323.41 billion) public-private investment program targeting infrastructure and other major projects between 2026 and 2030. The plan centers on state-led joint ventures, with the government retaining majority ownership and oversight while using private capital to reduce risk. Eight sectors are designated as pri…
