Economy
Economy & Macroeconomics News
Fed policy, inflation data, GDP growth, employment reports, and global economic trends.
Economy
OECD Raises 2026 Global Growth Forecast to 2.9% on AI Investment Surge
The OECD upgraded its 2026 global growth forecast to 2.9%, citing robust AI investment, while warning of risks from high
Economy
India's UPI fee plan: data value may exceed MDR revenue
India's new UPI merchant fee could generate ₹15,000 crore annually, but the payment data trail may be more valuable for
Economy
US jobless claims drop to 196K, signaling resilient labor market
US initial jobless claims fell by 10,000 to 196,000 last week, defying expectations, while continuing claims dropped to
Economy
BoE holds rates at 3.75% as Middle East risks loom, plans £146bn gilt transfer
The Bank of England held its benchmark rate at 3.75% on a 6-3 vote, warning that prolonged Middle East conflict could pu
Economy
Trump backs Warsh but slams Fed board after unanimous rate hike
Trump criticizes the Fed's unanimous rate hike to 3.75%-4%, backs Chair Warsh, and reiterates preference for 1% rates as
Economy
US and China 10-year yields diverge sharply as debt and deflation diverge
US 10-year yields top 5% for the first time in two decades, while China's drop to 1.68%. Diverging fiscal paths and infl
Economy
Fed Hikes by 25bps to 3.75%-4%, Signals More Tightening Ahead
The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%-4% in a unanimous decision, with officials sig
Economy
EU associate membership for Canada: What it could mean for trade and security
The EU has proposed making Canada its first associate member, a move that could expand cooperation beyond trade into def
Economy
UK inflation hits 3.1%, BoE forecast miss raises November hike odds
UK inflation accelerated to 3.1% in August, exceeding the Bank of England's 2.9% projection. The miss strengthens the ca
Economy
Bessent faces Congress as 10-year yield nears 5%, buybacks fail
Treasury Secretary Scott Bessent testifies before Congress as 10-year yields touch 5%, a three-year high. His bond buyba
Economy
BoE may halt long gilt sales as UK borrowing costs spike
The Bank of England is reportedly preparing to halt sales of long-dated gilts as UK borrowing costs hit multi-decade hig
Economy
Fed's September Rate Decision Tests Warsh as Inflation Stays Hot
Traders see an 85-90% probability of a quarter-point rate hike next week as core inflation accelerates. The decision wil