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.
5,136 total articles
The traditional carry trade - buying higher-yielding developed-market currencies and funding them with low-yielders - has delivered its strongest returns in years as sizable interest-rate differences among G10 economies combine with subdued currency volatility. The yen has not acted as a reliable safe-haven amid the Iran war, and hedging flows from…
Bond markets are signaling rising inflation and renewed rate-hike risk, undermining recent equity gains. Strong moves in yields and soft Treasury demand coincided with broad Asian losses, shipping constraints through the Strait of Hormuz and higher oil prices, prompting investors to reprice central bank policy expectations.
A Reuters poll conducted May 7-14 found that two-thirds of economists expect the Bank of Japan to lift its policy rate to 1.0% in June. Most respondents predict further tightening through the rest of the year as inflation concerns and currency depreciation weigh on policy makers' decisions, while risks tied to the ongoing war and domestic demand re…
GE Aerospace CEO Larry Culp was observed leaving a meeting at the National Development and Reform Commission in Beijing on May 15. His visit comes amid reports that China agreed to purchase 200 Boeing jets after talks between US President Donald Trump and Chinese leader Xi Jinping. As Boeing's main engine supplier, GE Aerospace could gain from the …
Following an initial round of discussions in Beijing between U.S. President Donald Trump and Chinese President Xi Jinping, President Trump has announced that China has reached an agreement to purchase energy products from the United States. In a pre-recorded interview with Fox News' Hannity program aired Thursday evening, the President indicated th…
The Bank of Japan has indicated that the nation may enter a period of widespread price increases starting around the summer months. This potential inflationary wave is driven by various businesses, including those in the food production sector and hot spring operators, seeking to offset escalating energy expenses stemming from conflicts in the Midd…
Projections for the Japanese economy indicate a second consecutive quarter of growth during the January-March period. According to a survey of 17 economists, real gross domestic product (GDP) is anticipated to expand at an annualized rate of 1.7%. This follows a 1.3% expansion recorded in the October-December quarter. On a non-annualized basis, the…
In a recent televised interview on Fox News' "Hannity" program, U.S. President Donald Trump expressed that his patience regarding the situation with Iran is reaching its limit. During the Thursday night broadcast, the President issued a call for Tehran to enter into a formal agreement with Washington. While emphasizing the need for a deal, Trump of…
Global financial markets faced significant headwinds on Friday as the optimism surrounding technology stocks was eclipsed by intensifying concerns over inflation. This shift in sentiment led to a surge in U.S. Treasury yields, reaching one-year highs and fueling speculation regarding potential interest rate hikes by the Federal Reserve later this y…
During high-level bilateral discussions in Beijing, United States and Chinese officials did not engage in deep conversations regarding the strict export controls currently placed on semiconductor technology. U.S. Trade Representative Jamieson Greer confirmed this during an interview with Bloomberg TV on Thursday, stating that chip export restrictio…
John Williams, the President of the Federal Reserve Bank of New York, indicated on Thursday that there is currently no requirement for the central bank to modify its existing interest rate policy. Speaking at a gathering hosted by the Conference of Business Economists, Williams noted that monetary policy occupies a "good place" in the current econo…
Federal Reserve Governor Michael Barr has issued a cautionary stance regarding recent discussions aimed at reducing the size of the Federal Reserve's balance sheet. Speaking at an event held by the Money Marketeers of New York University, Barr contended that attempting to shrink the central bank's 'footprint' by lowering liquidity requirements is a…
On Thursday, global equity markets continued an aggressive upward trajectory, with the Nasdaq, S&P 500, and several international indices reaching new milestones. This momentum persists despite the high-stakes diplomatic environment of the Xi-Trump summit in China and ongoing tensions in the Persian Gulf. While the technological rally remains domin…
Indermit Gill, the World Bank's chief economist and senior vice president for development economics, will retire at the end of August, World Bank president Ajay Banga announced in a memo to staff. The bank will begin the process of appointing his successor. Gill, who holds a PhD from the University of Chicago, joined the World Bank as chief economi…
Argentina's consumer prices rose 2.6% in April, easing from March's 3.4% but slightly above the 2.5% analysts expected. On a 12-month basis, inflation slipped marginally to 32.4% from 32.6% the previous month. Transportation and education recorded the largest monthly increases, while food and recreation showed smaller gains.
Argentina's consumer price index rose 2.6% in April from March, the national statistics agency reported, marking the first monthly deceleration after 11 consecutive months of stronger readings. The April monthly print was marginally above market expectations and left annual inflation slightly lower at 32.4%. Transport and education were the leading…
The International Monetary Fund said initial talks between U.S. President Donald Trump and Chinese President Xi Jinping are a welcome sign that could reduce trade tension and uncertainty between the world's two largest economies. At the same time, the IMF warned that disruptions from the Middle East and Iran's closure of the Strait of Hormuz, which…
A consortium led by Silver Lake executive Egon Durban has struck a deal to acquire a 25% stake in the Las Vegas Raiders, according to people familiar with the matter cited by Bloomberg News. The shares are being purchased from minority investors rather than owner Mark Davis, and when the transaction closes the group - which includes Michael Meldman…
Stephen Miran submitted his resignation from the Federal Reserve Board after eight months as a Governor, creating an open seat for Chairman-designate Kevin Warsh. Miran's term had officially expired on January 31, 2026, but he remained under a holdover provision. His departure follows a stint as Chair of the Council of Economic Advisers and pressur…
Federal Reserve Board member Stephen Miran has notified the President of his resignation, to take effect when or shortly before his successor is sworn in. Miran, who joined the Board on September 16, 2025 to fill an unexpired term that ended January 31, 2026, emphasized deregulation achievements and urged the Fed to account for nonmonetary disinfla…
Federal Reserve Governor Stephen Miran announced he will resign his seat on the Fed board on or shortly before Kevin Warsh is sworn in as the central bank's next chair. Miran's decision is intended to clear the way for Warsh to join the seven-member board, since there is currently no other open seat, and follows Miran's term technically expiring in…
Bank of England Chief Economist Huw Pill said a timely, limited increase in interest rates could help prevent inflationary pressures stemming from the Iran conflict from becoming entrenched in the UK economy. Speaking at an event hosted by NatWest, Pill argued that moving sooner rather than waiting for market-driven pressure would make controlling …
The average rate on 30-year fixed mortgages edged down to 6.36% from 6.37% last week, even as April inflation accelerated on higher gasoline and grocery prices. Housing indicators were mixed: Redfin reported a 2.4% annual rise in the median home price in April, along with stronger pending sales and rising active listings, but the spring buying seas…
Labour MP Josh Simons intends to resign his Makerfield seat in Greater Manchester, a move that would prompt a by-election and create a possible pathway for Mayor Andy Burnham to return to the House of Commons. The development could increase pressure on Prime Minister Keir Starmer amid talk of a leadership challenge, though internal party mechanisms…
Treasury Secretary Scott Bessent said he expects recent spikes in inflation to be temporary and caused largely by energy disruptions tied to the Iran war. Speaking from President Donald Trump's summit with Chinese President Xi Jinping, Bessent forecasted one or two additional strong inflation readings before a period of substantial disinflation, ci…
