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.
7,098 total articles
The Federal Reserve's latest Beige Book shows a slight increase in U.S. economic activity, an uptick in employment and indications from firms and households that inflation may have improved. The qualitative survey from the Fed's 12 regional banks will feed into policy discussions as Kevin Warsh prepares to chair his second rate-setting meeting in t…
The government has revised its inflation estimates upward for this year and for 2027, citing supply-driven food price rises and a broadening of price pressures across manufactured goods and services. Growth forecasts were left unchanged for the current year, though officials warned that elevated real interest rates will weigh on activity going forw…
Peru's economy expanded 1.8% in May from a year earlier, the slowest monthly growth recorded so far in 2026. The national statistics agency INEI released the data showing a marked slowdown from April's 3.73% expansion and below the 3.2% forecast from analysts. Sharp contractions in the fishing and manufacturing sectors were prominent contributors t…
Truflation’s Head of Data, Oliver Rust, said June’s unexpectedly mild CPI reading was largely the result of a nearly 10% fall in gasoline prices rather than a broader slowdown in inflation. Rust pointed to persistent services inflation in housing and education, noted producer prices fell 0.3% in June, and warned Truflation’s real-time data already …
An independent panel of economists commissioned by the French government finds public finances set to deteriorate markedly through 2030 unless policymakers implement corrective measures. The report forecasts widening deficits, rising debt-to-GDP and sharply higher interest costs, and urges targeted structural reforms and reconsideration of automati…
Federal Reserve Governor Lisa Cook said she is prepared to raise policy if inflation does not begin to slow soon, while allowing a brief window to observe incoming data. Cook highlighted risks tied to an investment boom around artificial intelligence, tariffs and price pressures stemming from the U.S. war with Iran. Her comments underscore a shift …
Executives at major Wall Street banks described U.S. households as largely resilient, pointing to modest growth in consumer loan balances led by credit cards, steady spending across income groups, and broadly stable credit metrics. Banks flagged concerns about higher living costs for lower-income households and the inflationary impact of geopolitic…
Stripe and private equity firm Advent International have submitted a joint proposal to acquire PayPal at $60.50 per share, valuing the company at just over $53 billion. The offer, backed by roughly $50 billion of committed bank financing, represents a potential lifeline for PayPal and its Venmo business but is characterized as a relatively low bid …
Money market funds have shortened their weighted average maturities and shifted allocations toward floating-rate notes and repurchase agreements as uncertainty about the U.S. Federal Reserve's policy path persists. Data show funds reduced average maturities in July and moved cash into FRNs and repos, even as T-bill holdings were trimmed. Market sig…
The White House is considering a further extension of waivers to the Jones Act to allow foreign-flagged vessels to move goods between U.S. ports as renewed conflict with Iran lifts energy price and supply disruption concerns. Officials are debating whether to add geographic restrictions to any new extension, and agency leaders met this week to weig…
Brett Matsumoto, President Donald Trump’s nominee to direct the U.S. Bureau of Labor Statistics (BLS), was advanced by the Senate Health, Education, Labor and Pensions Committee in a party-line vote, bringing him closer to heading the agency responsible for key labor and inflation data. The committee also cleared two nominations to the National Lab…
A wide-ranging pickup in investment banking activity is underway at major U.S. banks, supported by a surge in IPOs, elevated merger volumes and strong debt issuance. Investment banking fees at the six largest U.S. banks rose sharply in the second quarter, while banks report fuller backlogs and renewed sponsor exits to public markets.
Federal Reserve Chairman Kevin Warsh told the Senate Banking Committee that price increases tied to artificial intelligence-driven investment are occurring but should not automatically be treated as inflation. He said supply responses and Federal Reserve actions will determine whether these price moves take on persistent inflationary character. War…
Ambassador-level negotiations held at the U.S. embassy in Rome concluded after two days with U.S. officials describing progress toward implementing a framework agreement that could see Israeli forces withdraw from parts of southern Lebanon in the coming days. The talks aim to operationalize a pilot zone arrangement agreed on June 26 that calls for …
Federal Reserve Chair Kevin Warsh told lawmakers he will prioritize the real economy and Main Street over Wall Street signals, calling conventional inflation measures "imperfect" and warning that surging demand for AI-related technology could push measured prices higher in the coming year. His testimony came as recent consumer and producer price re…
The International Monetary Fund's newly appointed director of strategy, Christian Mumssen, told policymakers they must sustain credibility in fiscal and monetary policy to preserve price stability as the global economy faces overlapping shocks, rapid technological change and a fracturing geopolitical order.
The International Monetary Fund's new director of strategy urged policymakers to preserve credibility in fiscal and monetary frameworks to keep prices stable amid a string of global shocks and rising uncertainty. Speaking at the Atlantic Council, Christian Mumssen pointed to the pandemic, cost-of-living crises, trade tensions and wars in Ukraine an…
A Republican-led House Budget Committee released a 47-page budget resolution proposing a $95 billion spending blueprint that includes $73 billion in new funds over 10 years for defense and intelligence, $10 billion to encourage states to adopt elements of the SAVE America Act, and $12 billion for agricultural initiatives. House leaders aim to pass …
The Bank of Canada left its policy rate unchanged at 2.25%, marking the sixth straight meeting without a change. Officials said the level of borrowing costs remains suitable to support recovery and bring inflation back to the 2% target, while flagging higher oil prices, refinery margins and a weaker Canadian dollar as near-term upward pressures on …
The Producer Price Index for final demand fell 0.3% in June, weighed down by a large drop in goods prices and energy costs. Annual wholesale inflation slowed to 5.5% year-on-year, while services prices edged higher. The report follows a separate government release showing a steep monthly decline in consumer prices, and comes amid renewed tensions i…
New York Federal Reserve President John Williams described current U.S. inflation as "unquestionably too high" but outlined several reasons why he expects inflation to have already peaked and to decline over the coming quarters. He identified recent tariff increases, supply chain disruption, energy price spikes tied to the Middle East war and stron…
A central bank report released Wednesday projects Uganda's fiscal deficit will narrow to 3% of GDP by the 2030/31 fiscal year, down from 6% of GDP in the current year. The improvement hinges on a new government debt strategy that shifts borrowing toward lower-cost external credit. The central bank also judged the public debt outlook to be at modera…
JPMorgan Chase, under Jamie Dimon’s long-running leadership, has pushed its market value close to $1 trillion following a record profit and a robust quarter for trading and investment banking. The bank’s size and diversified operations have amplified gains, yet reaching the milestone raises investor expectations and exposes the firm to potential vo…
M&T Bank reported higher net income for the second quarter, driven by growth in interest income and trust-related revenue. The bank recorded a wider net interest margin, increased loan balances, and a modest fall in provisions for credit losses, while mortgage banking revenue edged down. Net income available to common shareholders rose to $781 mil…
A Quaest survey commissioned by Genial and released on July 9 finds President Luiz Inacio Lula da Silva increasing his margin over Senator Flavio Bolsonaro ahead of the October presidential contest. The poll reports Lula leading in both a hypothetical second-round runoff and in a first-round multi-candidate alignment, while capturing recent politic…
