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Niamh O'Sullivan

Economics Correspondent

426 Articles

About Niamh

Niamh writes NewsFormal's macroeconomics coverage: growth figures, inflation prints, central bank decisions and fiscal policy. She tries to keep the numbers honest and the jargon to a minimum, focusing on how a data point actually reaches a payroll or a price tag. Outside the data calendar she follows the longer arcs of trade and labor markets.

Areas of Expertise

Macroeconomics central banks inflation labor markets

Latest Articles

Ukraine Needs Extra $67.4bn by 2029 as War Drags On, Says Think Tank
Economy

Ukraine Needs Extra $67.4bn by 2029 as War Drags On, Says Think Tank

KSE Institute warns that a delayed end to the war pushes defense costs $68bn above earlier forecasts, leaving a $67.4bn ...

Niamh O'Sullivan 👁 58 💬 0
Milei Unveils BCRA Reform Bill: Peso Stability as Sole Mandate, End of State Financing
Economy

Milei Unveils BCRA Reform Bill: Peso Stability as Sole Mandate, End of State Financing

President Javier Milei will address the nation tonight to introduce a bill overhauling the BCRA’s foundational charter, ...

Niamh O'Sullivan 👁 56 💬 0
Dollar Falls Against Real as Fed Hold and US-Iran Tensions Steer Markets
Economy

Dollar Falls Against Real as Fed Hold and US-Iran Tensions Steer Markets

The US dollar dipped versus the Brazilian real on Thursday as investors digested in-line Fed policy and Trump’s threat t...

Niamh O'Sullivan 👁 41 💬 0
Bank of England holds rate at 3.75% as inflation surprise is overshadowed by Iran-driven oil spike
Economy

Bank of England holds rate at 3.75% as inflation surprise is overshadowed by Iran-driven oil spike

The Bank of England kept interest rates at 3.75% for the fifth meeting in a row, but a 6-3 split vote revealed deepening...

Niamh O'Sullivan 👁 44 💬 0
Egypt Economic Entities’ Projects Hit EGP 1.43 Trillion, Revenues Top 2.5 Trillion
Economy

Egypt Economic Entities’ Projects Hit EGP 1.43 Trillion, Revenues Top 2.5 Trillion

CAPMAS data shows Egypt’s public economic agencies posted record FY2024/25 results, with mining-related revenue surging ...

Niamh O'Sullivan 👁 42 💬 0
Eurozone Q2 Growth Surprises to the Upside, But a Two-Speed Bloc Emerges
Economy

Eurozone Q2 Growth Surprises to the Upside, But a Two-Speed Bloc Emerges

The euro area expanded 0.4% in Q2, double expectations, but behind the headline beat lies a deeply uneven recovery with ...

Niamh O'Sullivan 👁 53 💬 0
Turkey’s Unemployment Rate Dips to 7.6% in June as Job Market Gains Ground
Economy

Turkey’s Unemployment Rate Dips to 7.6% in June as Job Market Gains Ground

The seasonally adjusted jobless rate fell 0.5 points to 7.6%, employment rose by 227,000, and youth unemployment dropped...

Niamh O'Sullivan 👁 61 💬 0
US resumes strikes on Iran, Strait of Hormuz near closed as energy prices surge
Economy

US resumes strikes on Iran, Strait of Hormuz near closed as energy prices surge

A new wave of US strikes against Iran, retaliation for an Iranian missile attack on a base in Jordan, has virtually shut...

Niamh O'Sullivan 👁 51 💬 0
Almost 500 Self‑Employed Employers Shut Daily in Spain as Costs Squeeze Margins
Economy

Almost 500 Self‑Employed Employers Shut Daily in Spain as Costs Squeeze Margins

Spain’s self‑employed with employees are closing at a rate of nearly 500 per day, hit by rising labour costs, increased ...

Niamh O'Sullivan 👁 53 💬 0
Okonjo-Iweala: Africa Must Act Now as Global Trade Reaches Record $34.7 Trillion
Economy

Okonjo-Iweala: Africa Must Act Now as Global Trade Reaches Record $34.7 Trillion

WTO chief and Nigeria’s central bank governor warn that Africa risks losing a historic chance to reshape its economic fu...

Niamh O'Sullivan 👁 43 💬 0
Fed Holds Rates, But Three Dissenters Call for a Hike as Inflation Worries Persist
Economy

Fed Holds Rates, But Three Dissenters Call for a Hike as Inflation Worries Persist

The Federal Reserve left its key rate at 3.50–3.75%, but an unusual trio of FOMC members voted for a quarter-point incre...

Niamh O'Sullivan 👁 48 💬 0
Paraguay-Brazil Trade Hits Historic $3.6B in H1 2026, Bucking Political Tensions
Economy

Paraguay-Brazil Trade Hits Historic $3.6B in H1 2026, Bucking Political Tensions

Bilateral commerce between South America's neighbors grew 8% in the first half, powered by soybeans and textiles, even a...

Niamh O'Sullivan 👁 49 💬 0
Fed Holds Rates but Internal Divide Grows as Energy Crisis Fuels Inflation
Economy

Fed Holds Rates but Internal Divide Grows as Energy Crisis Fuels Inflation

The US Federal Reserve kept its benchmark rate at 3.5-3.75% for the fifth time this year, but three policymakers pushed ...

Niamh O'Sullivan 👁 60 💬 0
Fed Chair Warsh Calls FOMC Split a 'Family Fight' as Three Dissenters Try to Force Rate Hike
Economy

Fed Chair Warsh Calls FOMC Split a 'Family Fight' as Three Dissenters Try to Force Rate Hike

The Federal Reserve held its key rate at 3.5%-3.75% for a fifth straight meeting, but an unusual 8-3 vote highlighted de...

Niamh O'Sullivan 👁 69 💬 0
Federal Reserve Leaves Rates Unchanged Again as Iran War, Oil Spike Trap Policymakers
Economy

Federal Reserve Leaves Rates Unchanged Again as Iran War, Oil Spike Trap Policymakers

The Federal Reserve held its key rate at 3.50–3.75% amid a 3-9 split vote and a new hawkish chair warning of zero tolera...

Niamh O'Sullivan 👁 70 💬 0
IMF Says Saudi Economy Resilient, Projects 5.5% Growth Next Year
Economy

IMF Says Saudi Economy Resilient, Projects 5.5% Growth Next Year

The IMF's Article IV review hails Saudi Arabia's economic reforms, non-oil momentum, and AI potential as geopolitical te...

Niamh O'Sullivan 👁 55 💬 0
S&P Global: Only Severe El Niño and Costly Policy Responses Would Threaten Sovereign Ratings
Economy

S&P Global: Only Severe El Niño and Costly Policy Responses Would Threaten Sovereign Ratings

A senior S&P analyst says El Niño alone is unlikely to cause sovereign downgrades, but governments that impose broad pri...

Niamh O'Sullivan 👁 49 💬 0
BoC Minutes Show Doubts on Growth Durability, Rate Hike Risk if Oil Spike Persists
Economy

BoC Minutes Show Doubts on Growth Durability, Rate Hike Risk if Oil Spike Persists

The Bank of Canada’s July policy meeting minutes reveal officials are uncertain about growth sustainability, while warni...

Niamh O'Sullivan 👁 51 💬 0
Ukraine's Average Salary Hits UAH 32,783 as Real Wage Growth Accelerates to 17%
Economy

Ukraine's Average Salary Hits UAH 32,783 as Real Wage Growth Accelerates to 17%

June 2026 data shows nominal wages up 25.4% year-on-year, driven by acute labour shortages, with real purchasing power r...

Niamh O'Sullivan 👁 62 💬 0
Fed Poised to Hold Rates as Iran Conflict Clouds Inflation Outlook
Economy

Fed Poised to Hold Rates as Iran Conflict Clouds Inflation Outlook

The Federal Reserve is expected to keep rates steady but signal a September hike as geopolitical tensions and elevated o...

Niamh O'Sullivan 👁 83 💬 0
Japan's Minimum Wage Hike Slows to ¥55, Breaking a Five-Year Acceleration
Economy

Japan's Minimum Wage Hike Slows to ¥55, Breaking a Five-Year Acceleration

Japan's central wage council set a ¥55/hour guideline for FY2026, a 4.9% increase but down from ¥66 last year. The move ...

Niamh O'Sullivan 👁 125 💬 0
German Public Debt Jumps to Record €2.66 Trillion as Defence Costs Bite
Economy

German Public Debt Jumps to Record €2.66 Trillion as Defence Costs Bite

Germany's public debt hit an all-time high of €2.66 trillion at end-2025, pushing per-capita borrowing to nearly €32,000...

Niamh O'Sullivan 👁 63 💬 0
RBI Capital Inflows Hit $20.7 Billion, Yet Rupee Pressure Persists
Economy

RBI Capital Inflows Hit $20.7 Billion, Yet Rupee Pressure Persists

Despite attracting $20.7 billion through special deposit and borrowing windows, India's rupee remains near record lows a...

Niamh O'Sullivan 👁 57 💬 0
Trump Unleashes New Tariffs on 60 Nations, Using Forced Labor Claim to Skirt Legal Defeat
Economy

Trump Unleashes New Tariffs on 60 Nations, Using Forced Labor Claim to Skirt Legal Defeat

President Trump imposes 10-12.5% tariffs on 60 trade partners, pivoting to forced labor and overcapacity justifications ...

Niamh O'Sullivan 👁 67 💬 0
Federal Reserve Set to Hold Rates as Markets Watch Warsh for Signal on Next Move
Economy

Federal Reserve Set to Hold Rates as Markets Watch Warsh for Signal on Next Move

The FOMC is widely expected to keep the federal funds rate at 3.50–3.75% on July 29, but Chair Kevin Warsh’s press confe...

Niamh O'Sullivan 👁 51 💬 0
Fed Decision Looms: Why a Hawkish Hold Could Send Shockwaves Through Bonds and Mortgages
Economy

Fed Decision Looms: Why a Hawkish Hold Could Send Shockwaves Through Bonds and Mortgages

The Federal Reserve's July meeting is clouded by the highest policy uncertainty since 2024. Even if rates stay on hold, ...

Niamh O'Sullivan 👁 67 💬 0
Colombia’s wealth tax has raised COP 49 trillion over 20 years – but its economic role is smaller than it seems
Economy

Colombia’s wealth tax has raised COP 49 trillion over 20 years – but its economic role is smaller than it seems

Revenue from the wealth and equity tax reached COP 49 trillion between 2006 and 2025. In the first half of 2026, COP 776...

Niamh O'Sullivan 👁 55 💬 0
How Nigeria Governed Its Way into Debt: From 1970s Oil Boom to Borrowing Trap
Economy

How Nigeria Governed Its Way into Debt: From 1970s Oil Boom to Borrowing Trap

Decades of treating temporary oil wealth as permanent income, widespread corruption, and weak institutions turned a hist...

Niamh O'Sullivan 👁 45 💬 0
Investors Position for a Hawkish Fed Hold Amid Inflation Anxiety and Oil Volatility
Economy

Investors Position for a Hawkish Fed Hold Amid Inflation Anxiety and Oil Volatility

With oil volatile and inflation expectations at risk, Wall Street braces for a hawkish Fed hold. Dissent and rising vola...

Niamh O'Sullivan 👁 56 💬 0
Australia’s Q2 Inflation Cools Below Forecasts, Easing RBA Rate Hike Fears
Economy

Australia’s Q2 Inflation Cools Below Forecasts, Easing RBA Rate Hike Fears

Consumer price growth slowed more than expected in the second quarter, giving the Reserve Bank of Australia room to hold...

Niamh O'Sullivan 👁 61 💬 0