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.
362 total articles
Federal Reserve Governor Stephen Miran said he expects Kevin Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, to occupy Miran's expiring governor seat as part of the process to install him as chair. Miran noted his term ends January 31 and that the pace of the confirmation process should keep him at the Fed for the upcoming r…
A senior White House economic adviser criticized the Federal Reserve for not cutting interest rates this week and pressed for the rapid confirmation of Kevin Warsh as the next Fed chair. He acknowledged a Department of Justice inquiry that could delay approval but said the matter should be resolved quickly, and defended the administration's view th…
White House economic adviser Kevin Hassett said the Federal Reserve erred by not lowering interest rates this week and urged a rapid Senate confirmation of Kevin Warsh for Fed chair. Hassett acknowledged an ongoing Justice Department inquiry into Federal Reserve renovation costs could complicate the nomination process and said that issue should be …
Canada's finance ministry reported a C$26.39 billion budget shortfall for the first eight months of the 2025/26 fiscal year as program spending rose faster than revenues. Year-to-date revenues increased 1.9% while program expenses grew 3.1%; public debt charges edged up 0.3% due to offsetting movements in short-term and longer-term interest rates. …
The U.S. Supreme Court’s current term, which began in October and runs through the end of June, is addressing a broad roster of legal disputes with far-reaching consequences for presidential power, administrative independence, civil liberties and commercial liability. The docket includes cases that challenge a president’s ability to remove official…
Canada's real gross domestic product was essentially flat in November after a 0.3% decline in October, as a 1.3% fall in manufacturing and a 2.1% drop in wholesale trade offset expansions in retail sales, public sector activity and transportation. Early December data point to a 0.1% rise, but the quarter likely recorded a 0.1% contraction, leaving …
Atlanta Fed President Raphael Bostic told CNBC that the Federal Reserve should adopt a patient stance on interest rates while remaining alert to inflationary pressures. He said there are "ways to go on inflation," expects tariff impacts to show up in the first half of 2026, and wants clear evidence of a return to 2% inflation before altering policy…
India’s economy is expected to expand above 7% this fiscal year, yet the chief economic adviser warned that global macroeconomic uncertainty and sustained financial market corrections could push growth toward the lower bound of official projections. The finance ministry’s economic survey projects 6.8% to 7.2% growth for the next fiscal year and rai…
Gold, silver and copper reversed course on Friday as investors moved to lock in gains after a string of record highs. Market participants cited waning expectations for aggressive U.S. interest rate cuts and a firmer dollar following the announcement of Kevin Warsh as the preferred candidate to lead the U.S. Federal Reserve. Thin liquidity and specu…
The Swiss National Bank (SNB) has denied engaging in any manipulation of the Swiss franc after the U.S. Treasury kept Switzerland on a watch list for potential currency management. The Treasury said it is expanding monitoring of foreign exchange practices, including interventions that counter both depreciation and appreciation versus the U.S. dolla…
Preliminary data from the national statistics institute show Mexico's economy grew 0.8% in the fourth quarter of 2025, outpacing consensus and reversing a contraction in Q3. On an annual basis Q4 GDP rose 1.6%, and the full-year expansion for 2025 was 0.5%, exceeding central bank and analyst forecasts. Agriculture was the strongest performing secto…
President Donald Trump announced the selection of former Federal Reserve governor Kevin Warsh to succeed Jerome Powell when Powell leaves the Fed in May. The nomination follows months of public vetting of several contenders. Markets showed muted volatility with the dollar giving up some gains, Treasury yields rising and U.S. stock futures pointing …
Widespread wildfires in Patagonia have scorched an area more than twice the size of Buenos Aires, breached the Los Alerces National Park and prompted a government emergency declaration in four southern provinces. Critics say steep budget cuts to wildfire prevention and response under President Javier Milei have weakened preparedness, while authorit…
Deutsche Bank expects the Bank of England to keep its Bank Rate at 3.75% at the February policy meeting, predicting a 7-2 Monetary Policy Committee split with external members Alan Taylor and Swati Dhingra dissenting in favor of a reduction. The bank highlights a resilient UK economy alongside a fragile labour market and projects inflation will rea…
The Swiss National Bank said it does not manipulate the Swiss franc and reaffirmed that foreign exchange interventions and interest-rate policy are legitimate tools to fulfill its inflation mandate. The statement followed a U.S. Treasury report that broadened criteria for monitoring foreign exchange practices and left Switzerland on a list of 10 co…
U.S. stock futures fell as reports indicated President Trump had narrowed his choice for Federal Reserve chair to former governor Kevin Warsh. Markets moved on rising odds that Warsh will be nominated, betting markets and traders adjusted positioning across equities, Treasuries, the dollar and commodity-linked miners.
Hong Kong's economy recorded a 3.8% year-on-year increase in the fourth quarter, marking a 12th straight quarter of growth. For 2025 overall, real GDP rose 3.5%, surpassing the government's 3.2% projection, supported by stronger trade flows, rising inbound tourism and activity in financial services.
National data released on Friday show the euro zone's largest economies delivered modest but consistent expansion in the final quarter of 2025. Stronger household spending and business investment helped compensate for sluggish exports and lingering uncertainty from U.S. trade policy. Early 2026 indicators point to continued resilience, while struct…
China's central government recorded a 1.7% fall in fiscal revenue in 2025, the first contraction since 2020, as a prolonged property downturn and fragile domestic demand reduced receipts. Total fiscal revenue reached 21.6 trillion yuan, while public spending rose 1% to 28.7 trillion yuan. Tax receipts rose modestly, but non-tax income and land-sale…
President Donald Trump is preparing to nominate former Fed governor Kevin Warsh to replace Jerome Powell as Federal Reserve Chair, according to multiple reports. Trump told reporters he will reveal his choice on Friday morning and praised the nominee as respected within financial circles. The reports say Warsh has bested top White House advisor Kev…
Bitcoin slid to a two-month low amid mounting speculation that former Fed Governor Kevin Warsh could be chosen to replace Jerome Powell as chair of the U.S. Federal Reserve. The prospect of a tighter approach to liquidity pushed the dollar higher and accelerated selling across cryptocurrencies, with ether also retreating. Market nervousness was com…
President Donald Trump said he will name a successor to Jerome Powell on Friday, narrowing a months-long period of market uncertainty. Reports and a White House meeting have focused attention on former Federal Reserve governor Kevin Warsh as the leading candidate. Market participants view Warsh as one of the more hawkish options among the contender…
President Donald Trump said he plans to announce his choice to succeed Federal Reserve Chair Jerome Powell on Friday, with growing conjecture that former Fed governor Kevin Warsh will receive the nomination. Reports say the White House is preparing for Warsh to be nominated, and Warsh met with the president at the White House amid the speculation. …
Canada recorded a sizeable rise in its monthly goods trade deficit in November after a pronounced fall in merchandise exports, particularly metals and motor vehicles. While trade with the United States remains a surplus, overall exports declined and trade with other countries widened the non-U.S. deficit. Currency and short-term bond markets reacte…
President Donald Trump told reporters he will unveil his selection to replace Federal Reserve Chair Jerome Powell on Friday morning. The comment, made at a documentary premiere on Thursday evening, confirmed a decision after months of consideration but did not identify a nominee. Speculation about possible candidates has intensified amid concern ov…
