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.
2,611 total articles
Minutes from the Bank of Japan's January policy meeting indicate that many board members favored further increases in interest rates, though they did not agree on a set schedule. Some participants urged prompt moves to rein in inflation and to address yen weakness that raises import costs. The BOJ held short-term rates at 0.75% in January while mai…
Chicago Federal Reserve Bank President Austan Goolsbee said progress in reducing inflation is a prerequisite for any realistic chance of interest rate cuts this year. He told PBS that a recent surge in energy prices tied to the war in Iran is likely to boost inflation further in the near term, complicating the Fed's path back to its 2% goal. Curren…
Federal Reserve Governor Michael Barr said the central bank may need to hold its policy rate steady "for some time" as inflation remains notably above the Fed's 2% goal and higher oil prices risk feeding through to consumer costs. He said the labor market "appears to be stabilizing" but wants to see clear evidence of retreating goods and services p…
Israeli Channel 12 and The New York Times report that private intermediaries are working to establish a one-month ceasefire between the United States and Iran linked to a 15-point plan. The proposal would allow intensive negotiations during a month-long pause in fighting and includes provisions for full International Atomic Energy Agency access and…
Global markets turned cautious on Tuesday as a rebound in oil, higher bond yields and disappointing purchasing managers index (PMI) readings weighed on investor sentiment. While Asian markets posted solid gains and several S&P 500 sectors rose, the major U.S. indices ended the session lower. Growing strains in private credit and divergent forecasts…
OpenAI CEO Sam Altman told staff on Tuesday that he will step back from hands-on management of the company’s safety and security teams to concentrate on capital raising, supply-chain management, and building datacenters at unprecedented scale. The change comes as the company completes initial development of its next major AI model, codenamed Spud, …
President Donald Trump told reporters that Iran provided a sizable, energy-related concession to the United States during negotiations intended to halt a 25-day conflict that has unsettled global markets. He declined to disclose the precise nature of the concession, saying only that it was not nuclear and was related to oil and gas, and indicated U…
Minnesota filed suit against the U.S. Departments of Justice and Homeland Security seeking court-ordered access to evidence and information tied to two fatal shootings and one injury that occurred amid an immigration enforcement surge in the state. The complaint alleges federal authorities have refused to cooperate with state investigative demands …
A Brazilian Supreme Court justice has allowed former President Jair Bolsonaro to serve an initial 90-day period of humanitarian house arrest for health reasons. Bolsonaro, 71, is serving a 27-year prison term for plotting a coup after losing the 2022 election. The order will be reassessed after 90 days and could include a medical re-evaluation.
U.S. and regional mediators have been discussing a high-level meeting with Iranian officials that could be scheduled as soon as Thursday, though organizers say they are waiting for Tehran to respond. Pakistan, Egypt and Turkey have acted as message carriers between Washington and Tehran; Pakistan has offered to host if both sides agree. Iranian off…
JPMorgan Chase CEO Jamie Dimon told an audience in Washington, D.C. that while the Iran war increases near-term danger, it could in time improve the chances for durable peace across the Middle East. Speaking with Palantir executive and former Congressman Mike Gallagher, Dimon pointed to a stronger regional appetite for permanent peace, warned that …
NASA Administrator Jared Isaacman told Bloomberg TV that the agency has adequate funding in hand to advance plans for a new moon base, a program estimated to need $20 billion over seven years and $30 billion across the next decade. Isaacman said components from the cancelled Gateway lunar-orbit station will be repurposed for the surface effort and …
Flash purchasing managers' surveys from the United States, Europe, Japan and other markets indicate the Iran conflict is already denting activity and lifting inflation expectations. A sharp rise in oil and gas prices, plus increased delivery delays and cost pass-through plans by firms, are weighing on growth while prompting central banks to contemp…
Prime Minister Giorgia Meloni suffered a major political blow after voters rejected key elements of a justice reform in a March 22-23 referendum, eroding the authority she built since taking office in 2022. With her reform agenda in disarray and the economy described as anaemic, the government confronts tough choices: attempt to press on and risk b…
A U.S.-Ukrainian reconstruction investment vehicle is set to make its inaugural investment in Sine Engineering, a Lviv-based company that develops navigational software for drones. The announcement is expected this week from Ukrainian authorities and the U.S. International Development Finance Corporation, as the fund reviews additional projects and…
The CEO of the Abu Dhabi National Oil Company condemned recent Iranian strikes on shipping in the Strait of Hormuz as economic terrorism, urging that no nation be allowed to hold the crucial route hostage. Sultan Ahmed Al Jaber delivered the remarks in a video address to S&P Global's CERAWeek, after cancelling an in-person appearance because of the…
Hungary’s central bank cut its 2026 GDP growth forecast to 1.7% from 2.4% and emphasized a cautious, data-led approach to base rate decisions. The bank said tight monetary conditions remain necessary, highlighted the importance of foreign exchange market stability for anchoring inflation expectations, and warned that higher energy prices will push …
A March flash survey from S&P Global showed U.S. private-sector activity eased to its weakest point in 11 months, with services cooling, manufacturing holding up, and businesses reporting sharply higher input costs linked to the Middle East war. The results point to rising consumer price pressure even as timely labor data remain mixed.
NASA has outlined a plan to allocate $20 billion across the next seven years to develop a surface base on the moon, intended to support the agency’s objective of returning astronauts to the lunar surface and enabling long-term human habitation. The framework was presented at a Washington, DC meeting with program partners, and is linked to an execut…
Hungary's central bank held its policy rate at 6.25% on Tuesday, stepping back from additional rate cuts after a 25-basis-point reduction last month. Rising inflation projections tied to climbing global energy prices and heightened Middle East tensions prompted policymakers to pause their easing cycle with the country's national vote weeks away.
Saudi Crown Prince Mohammed bin Salman has urged President Trump to keep up military pressure on Iran, telling the president the current U.S.-Israeli campaign is a historic opening to alter the Middle East, according to people briefed on U.S. official discussions and reported by the New York Times. Over the past week, the crown prince reportedly ma…
Iran has started requesting transit payments from commercial vessels navigating the Strait of Hormuz, according to reporting that cites people familiar with the matter. The charges - reportedly as high as $2 million per voyage - are being sought informally from a limited set of ships, with some reportedly paying. The program appears inconsistent, l…
The International Monetary Fund has signaled plans to send a staff mission to Maputo in the coming months as Mozambique seeks renewed engagement to address deepening fiscal pressures. Sovereign spreads have surged to levels associated with severe financial stress, domestic banks are nearing capacity for government debt purchases, and central bank s…
Wolfe Research's Stephanie Roth told clients that the Federal Reserve is unlikely to raise interest rates this summer. While inflation remains above the Fed's 2% objective with upside risks to headline and core measures, Roth says the labor market will not support a hike. Market expectations have shifted sharply, and ongoing geopolitical tensions c…
The conflict involving Iran, now into its fourth week, has triggered a sharp disruption to energy markets that is reverberating through advanced and emerging economies alike. Countries with heavy energy import dependence, concentrated manufacturing bases, or fragile fiscal and foreign-exchange positions are showing the greatest vulnerability. Polic…
