Economy

Economy & Macroeconomics News

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

Eurozone Manufacturing PMI Holds at 51.4 in June, Services Contraction Eases
Economy
Eurozone Manufacturing PMI Holds at 51.4 in June, Services Contraction Eases
Eurozone manufacturing activity remained in expansion for a fifth consecutive month in June, while the services sector c
June Payrolls Miss by Wide Margin, Fed Rate Hike Odds Slide
Economy
June Payrolls Miss by Wide Margin, Fed Rate Hike Odds Slide
The US economy added just 57,000 jobs in June, well below the 115,000 consensus estimate. The unemployment rate unexpect
ADP June Jobs Miss: Private Sector Adds 98K, Below 110K Forecast
Economy
ADP June Jobs Miss: Private Sector Adds 98K, Below 110K Forecast
Private employers added 98,000 jobs in June, below the 110,000 forecast, with healthcare and small businesses leading ga
US Job Openings Hold at 7.6M in May, Topping Forecasts as Labor Market Stays Resilient
Economy
US Job Openings Hold at 7.6M in May, Topping Forecasts as Labor Market Stays Resilient
US job openings held steady at 7.6 million in May, above the 7.3 million forecast, indicating a resilient labor market w
UK GDP Rises 0.6% in Q1 2026 Led by Services, Household Income Drops
Economy
UK GDP Rises 0.6% in Q1 2026 Led by Services, Household Income Drops
UK GDP expanded 0.6% in Q1 2026, matching estimates, with services leading growth. However, household disposable income
UK Mortgage Approvals Hit 2023 Low in May as Borrowing Slumps Across Sectors
Economy
UK Mortgage Approvals Hit 2023 Low in May as Borrowing Slumps Across Sectors
UK mortgage approvals plunged to 56,205 in May, the lowest since December 2023, while net borrowing fell to £2.9 billion
Eurozone Corporate Lending Hits 3-Year High as M3 Money Supply Accelerates
Economy
Eurozone Corporate Lending Hits 3-Year High as M3 Money Supply Accelerates
Eurozone corporate lending accelerated to 4.0% in May, the fastest in three years, as M3 money supply growth rose to 3.2
MOEX Index and Ruble Slide as Ukraine Attacks Pressure Russian Economy
Economy
MOEX Index and Ruble Slide as Ukraine Attacks Pressure Russian Economy
Russian stocks and the ruble are under heavy selling pressure as Ukraine escalates attacks on key infrastructure, energy
US Consumer Sentiment Rises to 49.5 in June as Gas Prices Fall, but Outlook Remains Cautious
Economy
US Consumer Sentiment Rises to 49.5 in June as Gas Prices Fall, but Outlook Remains Cautious
The University of Michigan's consumer sentiment index rose to 49.5 in June from 44.8 in May, driven by falling gasoline
Eurozone Near-Term Inflation Expectations Dip to 3.5% in May; Long-Term Outlook Steady
Economy
Eurozone Near-Term Inflation Expectations Dip to 3.5% in May; Long-Term Outlook Steady
Eurozone consumers reduced near-term inflation expectations to 3.5% in May, while longer-term expectations remained stab
US PCE Inflation Hits 4.1% in May, Core Rate at 3.4% as Energy Costs Surge
Economy
US PCE Inflation Hits 4.1% in May, Core Rate at 3.4% as Energy Costs Surge
US PCE inflation accelerated to 4.1% in May, the highest in over three years, as energy prices surged. Core inflation re
UK Retail Sales Plunge to 2-Year Low in June as Consumer Sentiment Sours
Economy
UK Retail Sales Plunge to 2-Year Low in June as Consumer Sentiment Sours
UK retail sales volumes dropped sharply in June, missing seasonal norms by the widest margin in over two years, as weak