Economy
Macro-economic news: growth, inflation, indicators and central banks.
371 articles
Brokerages See July Fed Rate Hike as a Real Possibility as Oil Spike Tests Inflation Fight
Oil at $100 and Middle East tensions put the Federal Reserve’s credibility on the line this week, with brokerages warnin...
Trump's Economy After 18 Months: Resilience Meets Stalled Progress on Jobs, Prices and Housing
Immigration crackdowns, tariff hikes and the Iran war have tested US economic resilience. But job growth has softened, i...
Ifo Business Climate Rises for Third Month but Oil Uncertainty Clouds German Outlook
Germany's Ifo business climate index climbed to 86.6 in July, its third monthly gain, as industry demand improved. But p...
German Business Confidence Edges Higher Despite Iran War Strains, Ifo Shows
The Ifo index rose to 86.6 in July, a third straight monthly gain that surprised analysts, but economists warn the recov...
Trade Surplus and Rate Cut Keep Ruble Steady Ahead of August’s Seasonal Test
Russia’s ruble enters August 2026 backed by a strong current-account surplus and a surprise central bank rate cut, but r...
UAE Secures Spot Among World’s Top 30 Economies, IMF Data Shows
Nominal GDP reached $621.55 billion in 2026, with per capita income climbing to $54,214. IMF projects continued expansio...
SBI ERD Ups FCNR(B) Inflow Forecast to $70 Billion, Warns Rupee No Longer a Shock Absorber
India's largest lender raises its estimate for foreign currency deposits under an RBI scheme to $65-70 billion, but its ...
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. ...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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 ...