Economy

Economy & Macroeconomics News

Fed policy, inflation data, GDP growth, employment reports, and global economic trends.

UK Unemployment Dips to 4.9% as Wage Growth Holds Above Forecasts
Economy
UK Unemployment Dips to 4.9% as Wage Growth Holds Above Forecasts
UK wage growth remained stronger than expected at 3.4% for regular pay, while the unemployment rate unexpectedly fell to
Citi Pushes Fed Rate Cut Forecast to Late 2026 as Hawkish Stance Hardens
Economy
Citi Pushes Fed Rate Cut Forecast to Late 2026 as Hawkish Stance Hardens
Citigroup now expects the Federal Reserve to cut rates in late 2026, pushing back its earlier forecast by one month amid
Warsh Unveils Five Task Forces in Sweeping Fed Policy Overhaul, Holds Rates Steady
Economy
Warsh Unveils Five Task Forces in Sweeping Fed Policy Overhaul, Holds Rates Steady
Federal Reserve Chair Kevin Warsh announced five new task forces to review monetary policy frameworks, communications, a
Fed Holds Rates at 3.5%-3.75% as Warsh Era Begins with Split on Hikes
Economy
Fed Holds Rates at 3.5%-3.75% as Warsh Era Begins with Split on Hikes
The Federal Reserve held rates unchanged at 3.5%-3.75% in its first meeting under Chair Kevin Warsh, revealing a divided
US Retail Sales Surge 0.9% in May, Topping Forecasts and Signaling Consumer Strength
Economy
US Retail Sales Surge 0.9% in May, Topping Forecasts and Signaling Consumer Strength
US retail sales increased 0.9% in May, surpassing market expectations of 0.5%, with nonstore retailers surging 12.2% yea
UK Inflation Holds at 2.8% in May, Defying Forecasts for a Rise
Economy
UK Inflation Holds at 2.8% in May, Defying Forecasts for a Rise
UK inflation held at 2.8% in May, defying forecasts of a rise to 3.0%. Transport costs drove prices up, while food infla
Warsh's First Fed Meeting: No Rate Cut Expected, But Inflation and Forward Guidance in Focus
Economy
Warsh's First Fed Meeting: No Rate Cut Expected, But Inflation and Forward Guidance in Focus
The Fed is widely expected to hold rates steady at Warsh's debut FOMC meeting. Investors will focus on his commentary on
UK GDP Contracts 0.1% in April as Services Sector Drags on Growth
Economy
UK GDP Contracts 0.1% in April as Services Sector Drags on Growth
The UK economy contracted 0.1% in April, reversing March's 0.3% gain, as services output declined 0.2%. Rising energy co
ECB Hikes Rates to 2.25% as Middle East Conflict Drives Inflation Above 3%
Economy
ECB Hikes Rates to 2.25% as Middle East Conflict Drives Inflation Above 3%
The ECB raised its benchmark deposit rate to 2.25% on Thursday, citing Middle East conflict-driven energy costs pushing
US Producer Prices Surge 6.5% Annually, Fastest Since November 2022
Economy
US Producer Prices Surge 6.5% Annually, Fastest Since November 2022
US wholesale inflation accelerated to 6.5% annually in May, the fastest pace since November 2022, driven by a surge in e
US Inflation Hits 4.2% in May as Energy Costs Surge, Core Prices Stay Moderate
Economy
US Inflation Hits 4.2% in May as Energy Costs Surge, Core Prices Stay Moderate
US inflation accelerated to 4.2% annually in May, the highest in over three years, as energy prices surged 3.9% month-ov
France Retains Top FDI Spot in Europe with 852 Projects in 2025, EY Survey Shows
Economy
France Retains Top FDI Spot in Europe with 852 Projects in 2025, EY Survey Shows
France secured 852 foreign investment projects in 2025, retaining its lead over the UK (730) and Germany (548), even as