Economy

Economy & Macroeconomics News

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

BoE Holds Rate at 3.75% in 6-3 Split as Iran Tensions Cloud Inflation Outlook
Economy
BoE Holds Rate at 3.75% in 6-3 Split as Iran Tensions Cloud Inflation Outlook
The Bank of England held interest rates at 3.75% in a 6-3 vote, with three members pushing for a quarter-point increase.
Fed Holds Rates in 9-3 Vote; Warsh Calls Decision a 'Rigorous Review'
Economy
Fed Holds Rates in 9-3 Vote; Warsh Calls Decision a 'Rigorous Review'
The Federal Reserve left rates unchanged in a 9-3 vote, with three policymakers dissenting for a hike. Chair Kevin Warsh
India's $7.2B coaching industry faces trust crisis as exam scandals mount
Economy
India's $7.2B coaching industry faces trust crisis as exam scandals mount
India's coaching industry, valued at $7.2B in 2025, is booming as families spend heavily on exam prep. Yet, a wave of pr
Fed Faces Tough Call: Rate Hike Odds Jump to 38% as Inflation Risks Resurface
Economy
Fed Faces Tough Call: Rate Hike Odds Jump to 38% as Inflation Risks Resurface
The Fed's July rate decision is unusually uncertain, with markets pricing a 38% chance of a hike as oil prices, AI inves
Wall Street's AI Surge Adds Inflation Pressure, Complicating Fed's Rate Path
Economy
Wall Street's AI Surge Adds Inflation Pressure, Complicating Fed's Rate Path
Rising AI infrastructure demand is pushing up prices for technology products and electricity, creating a timing mismatch
Trump Imposes 10%-12.5% Tariffs on 60 Nations After Supreme Court Ruling
Economy
Trump Imposes 10%-12.5% Tariffs on 60 Nations After Supreme Court Ruling
The US imposed fresh 10%-12.5% tariffs on 60 trading partners under Section 301, replacing duties invalidated by the Sup
UK Retail Sales Surge 1% in June, Defying Forecasts for Decline
Economy
UK Retail Sales Surge 1% in June, Defying Forecasts for Decline
UK retail sales unexpectedly rose 1.0% in June, surpassing economists' forecast of a 0.3% decline. Warm weather and the
UK PM Burnham Unveils £100M Relief Package: Business Rates Cut, VAT on Energy Removed
Economy
UK PM Burnham Unveils £100M Relief Package: Business Rates Cut, VAT on Energy Removed
New UK PM Andy Burnham rolls out cost-of-living measures including a 20% business rate cut for pubs and VAT removal on e
ECB Holds Rates at 2.25% as Energy Price Shock Clouds Inflation Outlook
Economy
ECB Holds Rates at 2.25% as Energy Price Shock Clouds Inflation Outlook
The ECB held its deposit rate at 2.25% on Thursday, citing uncertainty from energy price shocks linked to Middle East te
UK Inflation Drops to 2.6% in June, but Energy Cap Hike Looms as Next Test
Economy
UK Inflation Drops to 2.6% in June, but Energy Cap Hike Looms as Next Test
UK inflation cooled to 2.6% in June, below expectations, driven by lower petrol costs. However, a looming energy price c
UK Jobless Claims Miss Forecasts, Wage Growth Slows in May
Economy
UK Jobless Claims Miss Forecasts, Wage Growth Slows in May
UK unemployment remained steady at 4.9% in the three months to May, below the 5.0% consensus. Jobless claims rose just 6
ECB Survey Shows Eurozone Firms Expect Slower Wage, Price Growth Ahead
Economy
ECB Survey Shows Eurozone Firms Expect Slower Wage, Price Growth Ahead
Eurozone firms expect selling prices and wages to rise at a slower pace, with selling price expectations dropping to 3.2