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.
5,143 total articles
A poll of economists finds the European Central Bank is likely to raise its deposit rate by 25 basis points in June and to implement at least one additional rate increase this year as policymakers seek to prevent the rise in energy costs from the Middle East war from feeding into core inflation. With consumer inflation already more than one percent…
An ECB supervisory vice chair has called on banks across the euro area to act swiftly to shore up IT systems against cyberattacks assisted by advanced AI tools such as Anthropic's Mythos. The official said limited regional access to Mythos increases the urgency for banks to remediate weaknesses, while noting that even more capable AI models could a…
JPMorgan Chase's chief executive said the bank might reconsider its planned multibillion-dollar headquarters tower in London's Canary Wharf if Prime Minister Keir Starmer is removed and replaced by a government hostile to banks. While reaffirming the firm's broader strategy in the U.K., Jamie Dimon pointed to political risks, the bank's tax burden …
As Kevin Warsh prepares to assume leadership of the U.S. Federal Reserve, a pivotal decision looms: whether to submit an interest rate projection and corresponding "dot" in the Fed's June Summary of Economic Projections (SEP). With the Fed meeting set for June 16-17 and Warsh's confirmation and swearing-in timing uncertain, the choice to supply or …
Negotiations between Samsung Electronics and its South Korean union ended without agreement after intensive, government-mediated discussions. The impasse has prompted an emergency ministerial meeting and a government directive to prevent any strike, as an 18-day stoppage beginning May 21 could disrupt chip deliveries, lift prices and strain an expo…
Former Bank of Japan governor Haruhiko Kuroda said on Wednesday he believed the yen was unlikely to weaken beyond 160 per dollar, noting authorities appeared to be defending that threshold with intervention. Kuroda argued that a dollar/yen rate near 120-130 better reflects Japan's economic fundamentals, and he pointed to rising oil import costs sin…
Kevin Warsh is poised to assume leadership of the U.S. central bank with an agenda that targets how the Federal Reserve analyzes the economy, talks to markets and manages its large bond holdings. While his proposals touch multiple technical and communication areas - including the Fed's balance sheet, the Summary of Economic Projections and the role…
British 10-year government bond yields climbed to levels not seen since 2008 as domestic political uncertainty and broader inflation risks push up the price of government borrowing. Market participants cite Prime Minister Keir Starmer's political vulnerability, memories of the Liz Truss mini-budget episode, higher energy-driven inflation risks, and…
A sharp increase in global energy prices linked to the Iran war has intensified pressure on India’s external accounts, prompting government and central bank interventions to protect the economy. The energy shock has raised import costs, driven foreign portfolio outflows of more than $20 billion and is forecast to expand the current account deficit …
UBS Global Wealth Management has revised its U.S. monetary policy outlook, postponing expected rate cuts after April's inflation spike and stronger-than-expected employment data. The wealth arm now anticipates 25 basis point cuts in December 2026 and March 2027, reversing earlier forecasts for reductions later this year. Rising oil prices tied to t…
The continuing conflict in the Middle East has begun to exert measurable stress across global markets. Sharp currency declines in Asia, renewed yen weakness, rising food and fuel costs, airline sector turmoil and renewed volatility in bond markets are among the pressure points. Policymakers and companies are reacting with interventions and operatio…
Fitch Ratings says South Korea has capacity to deploy fiscal measures to cushion the economy from fallout tied to the Middle East conflict, supported by stronger public finances stemming from a boom in AI-driven chip exports. The agency highlights a need for fiscal stabilization should external pressures lift inflation while monetary policy remains…
U.S. equity futures were largely unchanged as President Donald Trump travels to China for talks with Xi Jinping. The conflict between the U.S. and Iran and the effective closure of the Strait of Hormuz continue to weigh on sentiment and keep oil prices well above pre-conflict levels. Cisco Systems will report results for fiscal periods ending in Ap…
In April, Japanese investors shifted to net sellers of foreign stocks for the first time in four months, offloading 636.4 billion yen amid worries about rising energy costs tied to the Iran conflict and the prospect of wider inflation. Sales of foreign bonds slowed to a three-month low, while distinct investor groups showed contrasting behavior, wi…
A family-run toy maker in southern China says a one-day tariff rollback between Washington and Beijing last year prevented the firm from collapsing. The company, which shifted some production toward Vietnam, rerouted moulds at the eleventh hour after a trade truce on May 12 last year. The episode highlights how tariff swings, export curbs and commo…
The Bank of Thailand said it will not rush to raise interest rates after a unanimous decision to keep the one-day repurchase rate at 1.00%. Minutes from the central bank's April 29 policy meeting indicate supply-side inflation should ease next year, but near-term inflation may rise temporarily due to higher energy prices and cost pass-throughs. The…
Australia's Labor government has moved to reduce tax incentives for property investors in a bid to improve access to home ownership for younger Australians. Changes to negative gearing and capital gains tax form the centrepiece of the federal budget, but measures will be grandfathered for existing investors, leading economists to predict only modes…
Prime Minister Anthony Albanese's government has moved to reduce tax advantages for property investors by curbing deductions and replacing a flat 50% capital gains tax discount for assets held more than a year with an indexation-linked measure. The changes were framed around intergenerational fairness and have drawn praise from many prospective fir…
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met in Incheon, South Korea, beginning talks aimed at preparing for a summit in Beijing between U.S. President Donald Trump and Chinese President Xi Jinping. The discussions, which began at the airport after separate meetings with South Korean President Lee Jae Myung, are expe…
With fighting in the Middle East locked in a stalemate, U.S. President Donald Trump travels to Beijing seeking more constructive ties, accompanied by a delegation of chief executives including Nvidia CEO Jensen Huang. Beijing has signalled a focus on Taiwan while preliminary signs of a trade détente over rare earth export curbs compete with customs…
President Donald Trump said he will ask Chinese President Xi Jinping to open China to Western businesses as his first request during a three-day state visit. Traveling aboard Air Force One with a delegation of major U.S. corporate leaders, Trump signaled the trip will cover trade tariffs, artificial intelligence and Taiwan. The visit - the first by…
The Commonwealth Bank of Australia (CBA) experienced a significant downturn in share value on Wednesday, falling 9% as the institution navigated a combination of increased financial provisions and shifts in federal fiscal policy. The decline occurred alongside a broader retreat across the Australian banking sector, driven by concerns over how upcom…
The Organization for Economic Co-operation and Development (OECD) has released a report projecting that the Bank of Japan (BOJ) will elevate its short-term policy rate to 2% by the end of 2027. This movement from the current level of 0.75% is expected as the Japanese economy undergoes a significant structural transition. According to the OECD, robu…
The U.S. dollar approached a one-week high on Wednesday, bolstered by an unexpected rise in inflation data and heightened geopolitical uncertainty in the Middle East. As consumer prices climbed more sharply than expected, Treasury yields moved higher, fueling speculation regarding Federal Reserve monetary policy. Concurrently, stalled peace discuss…
The Trump Organization has officially terminated its plans to construct its inaugural skyscraper in Australia. The decision comes less than three months after a deal was struck to develop a massive 91-storey tower on the Gold Coast, a prominent tourist and seaside destination located in Queensland. The project, valued at approximately A$1.5 billion…
