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.
2,047 total articles
U.S. Federal Reserve Vice Chair for Supervision Michelle Bowman reiterated that she expects interest rates to be lowered this year, but she voted to hold policy steady at the Fed's most recent meeting in order to gather additional data. Bowman said she anticipates three quarter-percentage-point rate cuts this year and described the pause as a timin…
President Donald Trump has nominated Brett Matsumoto, a career economist at the Bureau of Labor Statistics, to serve as the agency's next commissioner. The move is intended to end a vacancy that has persisted since the August dismissal of Erika McEntarfer. Matsumoto has worked at the BLS since 2015, recently completed a temporary assignment with th…
President Donald Trump has tapped former Federal Reserve Governor Kevin Warsh to replace Jerome Powell as Fed chair. The choice has calmed some concerns over central bank independence while prompting market reactions across currencies, precious metals and equities. Warsh's Wall Street background, roles in crisis policy and prior Fed tenure shape ex…
Senator Lindsey Graham prevented immediate Senate action on a bipartisan stopgap funding package as he pressed to reinstate a controversial provision that would permit lawmakers and others whose phone records were seized during the January 6, 2021 investigation to sue the Justice Department for damages. The measure, originally placed in a sprawling…
Statistics Canada has moved the release date for its next consumer price index to February 17 after the originally scheduled day coincided with a statutory holiday in most provinces, when equity and bond markets would be closed. The agency said the decision followed consultation with stakeholders and was intended to ensure data are available when t…
St. Louis Federal Reserve President Alberto Musalem said the central bank does not need to lower interest rates further while the job market remains intact and inflation is above target but expected to ease. Speaking in prepared remarks for an event at the University of Arkansas, Musalem described the current 3.50%-3.75% policy range as neutral and…
Colombia's monetary authority raised its policy interest rate by 100 basis points to 10.25%—its first increase in nearly three years—citing accelerating core inflation, a marked rise in inflation expectations and growing fiscal and external vulnerabilities. The move split the seven-member board and drew public rejection from the finance minister wh…
President Donald Trump said he will nominate former Federal Reserve governor Kevin Warsh to become Fed Chair in May. Warsh is a former youngest-ever Fed governor, a crisis-tested policymaker, and a figure with deep connections to finance and prominent family wealth. His record mixes hawkish skepticism about some Fed tools with calls for preserving …
President Donald Trump said it would be inappropriate to press his Federal Reserve nominee, Kevin Warsh, on whether he would cut interest rates, while expressing confidence that Warsh favors lowering borrowing costs. Trump played down concerns about the Senate confirmation process even as Republican Senator Thom Tillis vowed to block any Fed nomina…
President Trump's choice of Kevin Warsh to lead the Federal Reserve faces an early obstacle inside the Republican conference after Senator Thom Tillis of North Carolina announced he will oppose any Fed confirmation if the Justice Department's criminal inquiry into Chair Jerome Powell remains open. Tillis, a member of the Senate Banking Committee, t…
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…
