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Niamh O'Sullivan

Economics Correspondent

424 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

Great Britain Retail Sales Rise 0.6% in Q2 as June Surge Lifts Quarterly Growth
Economy

Great Britain Retail Sales Rise 0.6% in Q2 as June Surge Lifts Quarterly Growth

Retail sales volumes rose 0.6% quarter-on-quarter, helped by a 1.0% monthly jump in June, the second-warmest on record. ...

Niamh O'Sullivan 👁 48 💬 0
Colombia's Triple Crisis: Fiscal, Energy, and Health Troubles Await Next Government
Economy

Colombia's Triple Crisis: Fiscal, Energy, and Health Troubles Await Next Government

The outgoing Petro administration leaves a legacy of soaring debt, a fragile energy grid, and a healthcare system in dis...

Niamh O'Sullivan 👁 48 💬 0
Oil above $100 and hawkish FOMC dissent set stage for Warsh's 'family feud'
Economy

Oil above $100 and hawkish FOMC dissent set stage for Warsh's 'family feud'

A surge in oil prices and chip-driven consumer costs puts the Fed on the spot this week, with economists expecting at le...

Niamh O'Sullivan 👁 54 💬 0
Indonesia's Central Bank Governor Resigns Amid Currency Crisis and Market Chaos
Economy

Indonesia's Central Bank Governor Resigns Amid Currency Crisis and Market Chaos

Bank Indonesia Governor Perry Warjiyo steps down early as the country battles a plunging rupiah, rising inflation, and a...

Niamh O'Sullivan 👁 47 💬 0
104 Economists Bet on a Hold, But Traders See a 36% Chance the Fed Hikes This Week
Economy

104 Economists Bet on a Hold, But Traders See a 36% Chance the Fed Hikes This Week

As the Fed meets with rates at a 3-year pause, the consensus of 104 economists is for no change. Yet bond and futures ma...

Niamh O'Sullivan 👁 50 💬 0
BNP Paribas Sees Egyptian Current Account Deficit Narrowing to 2.9% Despite Energy Import Surge
Economy

BNP Paribas Sees Egyptian Current Account Deficit Narrowing to 2.9% Despite Energy Import Surge

Egypt’s current account gap is set to shrink thanks to non-oil exports, tourism and remittances, but BNP Paribas warns t...

Niamh O'Sullivan 👁 52 💬 0
China's Q2 Growth Drops to 4.3% as Consumer Engine Sputters
Economy

China's Q2 Growth Drops to 4.3% as Consumer Engine Sputters

GDP growth slipped below the official target range for the first time in the post-pandemic era, with consumption nearly ...

Niamh O'Sullivan 👁 51 💬 0
Fed Set to Hold Rates as Oil Spike Fails to Sway Majority, Citi Predicts Dovish Signal
Economy

Fed Set to Hold Rates as Oil Spike Fails to Sway Majority, Citi Predicts Dovish Signal

Markets price a 30% chance of a July hike on oil-driven inflation fears, but Citi sees a steady hand as cooling core pri...

Niamh O'Sullivan 👁 51 💬 0
CPPE: US 12.5% Tariff Poses Little Threat to Nigeria’s Export Revenue as Oil Exemptions Hold
Economy

CPPE: US 12.5% Tariff Poses Little Threat to Nigeria’s Export Revenue as Oil Exemptions Hold

Crude oil and LNG dominate Nigeria’s US-bound shipments and are excluded from new US duties, limiting the blow to other ...

Niamh O'Sullivan 👁 62 💬 0
Oil-Driven Tax Surge Narrows Brazil’s Primary Deficit but Fails to Convince Markets
Economy

Oil-Driven Tax Surge Narrows Brazil’s Primary Deficit but Fails to Convince Markets

Higher corporate tax receipts from oil gains linked to Middle East tension helped shrink the projected raw primary defic...

Niamh O'Sullivan 👁 61 💬 0
Russia’s Central Bank Slows Rate Cuts to 14% as War-Fueled Inflation Persists
Economy

Russia’s Central Bank Slows Rate Cuts to 14% as War-Fueled Inflation Persists

A quarter-point reduction signals a compromise between supporting Russia’s stagnating economy and taming inflation drive...

Niamh O'Sullivan 👁 55 💬 0
45% of Indian Exports to US Exempt from New 10% Section 301 Tariff; Textile Deal Under Discussion
Economy

45% of Indian Exports to US Exempt from New 10% Section 301 Tariff; Textile Deal Under Discussion

India’s commerce ministry said 45% of its shipments to the US would stay outside the freshly imposed 10% additional duty...

Niamh O'Sullivan 👁 48 💬 0
ECB Reveals 10 Finalist Designs for the First-Euro Banknote Visual Overhaul
Economy

ECB Reveals 10 Finalist Designs for the First-Euro Banknote Visual Overhaul

The European Central Bank has shortlisted ten design proposals for the first full visual redesign of euro banknotes sinc...

Niamh O'Sullivan 👁 62 💬 0
BoE Expected to Hold Rates at 3.75% as Oil Spikes Above $100
Economy

BoE Expected to Hold Rates at 3.75% as Oil Spikes Above $100

Economists predict a 7-2 vote to keep UK interest rates on hold next week, but a surge in oil prices driven by Middle Ea...

Niamh O'Sullivan 👁 53 💬 0
Nigeria's Insecurity Crisis Is Choking Its Economy—From Farmland to Food Prices to National Service
Economy

Nigeria's Insecurity Crisis Is Choking Its Economy—From Farmland to Food Prices to National Service

Persistent banditry and abductions across Nigeria's North Central region are pushing farmers off their land, driving foo...

Niamh O'Sullivan 👁 56 💬 0
Daniel Garro on Argentina: ‘The Only Price Is the Free Market Price’
Economy

Daniel Garro on Argentina: ‘The Only Price Is the Free Market Price’

Economist and CEO Daniel Garro dissects Argentina’s uneven recovery, warning that provinces and Congress are blocking de...

Niamh O'Sullivan 👁 53 💬 0
France Overtakes Finland as EU's Top Spender, Public Debt Hits 117.6% of GDP
Economy

France Overtakes Finland as EU's Top Spender, Public Debt Hits 117.6% of GDP

France's public spending ratio rose to 57.3% of GDP in the first quarter of 2026, regaining the top spot in the European...

Niamh O'Sullivan 👁 82 💬 0
Taiwan Industries Seize Tariff Edge Over Japan, Korea as US Section 301 Bites
Economy

Taiwan Industries Seize Tariff Edge Over Japan, Korea as US Section 301 Bites

With a 10% rate that is 2.5 points below Japan and South Korea, and a vast gap versus China’s 40%+ tariffs, Taiwanese ma...

Niamh O'Sullivan 👁 61 💬 0
Japan’s ‘Strong and Wealthy’ Strategy Could Amplify Yen Volatility
Economy

Japan’s ‘Strong and Wealthy’ Strategy Could Amplify Yen Volatility

Japan’s pivot to investment-driven growth, under PM Takaichi’s ¥370 trillion ‘Strong and Wealthy’ plan, may destabilise ...

Niamh O'Sullivan 👁 63 💬 0
Routine Tax Report Unravels $40 Million Fraud Ring in Panama's E-Tax System
Economy

Routine Tax Report Unravels $40 Million Fraud Ring in Panama's E-Tax System

A routine internal comparison at Panama's tax agency led to the discovery of a sophisticated scheme that manipulated the...

Niamh O'Sullivan 👁 46 💬 0
Fed Poised to Hold Rates as New Chair Kevin Warsh Wrestles with Sticky Inflation and Rising Geopolitical Risks
Economy

Fed Poised to Hold Rates as New Chair Kevin Warsh Wrestles with Sticky Inflation and Rising Geopolitical Risks

The US Federal Reserve is widely expected to keep interest rates at 3.50–3.75% this week, but inflation at 3.5% and esca...

Niamh O'Sullivan 👁 57 💬 0
Federal Reserve Set to Hold Rates as Oil Spike and Trump Pressure Test New Chair
Economy

Federal Reserve Set to Hold Rates as Oil Spike and Trump Pressure Test New Chair

The US Federal Reserve is expected to leave rates unchanged for a fifth straight meeting, but geopolitical tensions and ...

Niamh O'Sullivan 👁 54 💬 0
US Consumer Credit Stalls in May as Credit Card Borrowing Contracts
Economy

US Consumer Credit Stalls in May as Credit Card Borrowing Contracts

Total consumer credit was unchanged in May as a sharp pullback in revolving credit offset modest growth in nonrevolving ...

Niamh O'Sullivan 👁 48 💬 0
Trump Tariffs on Brazil: Wood, Sugar Face 37.5% Levy; Coffee, Meat, Aircraft Spared
Economy

Trump Tariffs on Brazil: Wood, Sugar Face 37.5% Levy; Coffee, Meat, Aircraft Spared

New US tariffs spare more than half of Brazilian exports, but targeted sectors like wood, sugar, and chemicals face up t...

Niamh O'Sullivan 👁 40 💬 0
UBS Report Reveals Wealth-per-Adult Gap: Europe's Average Lags US, but Median Tells a Different Story
Economy

UBS Report Reveals Wealth-per-Adult Gap: Europe's Average Lags US, but Median Tells a Different Story

The UBS Global Wealth Report 2026 shows US adults hold nearly double the average wealth of Western Europeans, but a deep...

Niamh O'Sullivan 👁 83 💬 0
Trump's Tariff Whack-a-Mole: How the US Keeps Taxes Flowing Despite Legal Setbacks
Economy

Trump's Tariff Whack-a-Mole: How the US Keeps Taxes Flowing Despite Legal Setbacks

The White House instantly replaced expiring Section 122 tariffs with a permanent Section 301 mechanism targeting 60 coun...

Niamh O'Sullivan 👁 60 💬 0
UK-India Free Trade Deal to Slash Tariffs on 90% of Goods and Open Procurement Markets
Economy

UK-India Free Trade Deal to Slash Tariffs on 90% of Goods and Open Procurement Markets

The landmark agreement promises to boost trade, investment, and tech collaboration by removing tariffs on most goods, op...

Niamh O'Sullivan 👁 46 💬 0
Trump's 10-12.5% Tariffs on 60 Nations Over Forced Labour Spark Global Backlash
Economy

Trump's 10-12.5% Tariffs on 60 Nations Over Forced Labour Spark Global Backlash

Washington imposes fresh 10-12.5% duties on 60 economies citing forced labour, triggering angry rebukes from allies and ...

Niamh O'Sullivan 👁 58 💬 0
Japan Issues Provisional Anti-Dumping Finding on Korean, Chinese Steel Sheet
Economy

Japan Issues Provisional Anti-Dumping Finding on Korean, Chinese Steel Sheet

The finance and trade ministries provisionally determined that hot-dip galvanized steel imports from South Korea and Chi...

Niamh O'Sullivan 👁 110 💬 0
Trump Imposes New Tariffs on 60 Nations Under Section 301, Citing Forced Labor
Economy

Trump Imposes New Tariffs on 60 Nations Under Section 301, Citing Forced Labor

The U.S. will levy 10–12.5% duties on imports from 60 countries, including a 10% charge on EU goods, starting Friday, as...

Niamh O'Sullivan 👁 49 💬 0