Markets raise chances for a Fed rate hike following hot inflation report
A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell |…
Economy News, Analysis & Global Insights
Explore key updates and expert insights on global economy trends, markets, and financial policies.
Consumer prices rose 3.8% annually in April, the highest since May 2023
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, as…
From Singapore to Brussels, world leaders eye Trump-Xi summit from afar
SINGAPORE – When U.S. President Donald Trump and China’s Xi Jinping meet in Beijing on Thursday, they and their teams…
Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict
In this picture obtained from Iran’s ISNA news agency and taken on May 2, 2026, the Gambia-flagged tanker vessel Bili…
The Federal Reserve is quickly running out of reasons to cut interest rates
If the Federal Reserve still has any reasons to cut interest rates in the near future, they’re getting harder and…
U.S. payrolls jump more than expected, but the report had several red flags for the economy
Job creation topped muted expectations though the plodding U.S. labor market sent up several flags for a potential slowdown this…
Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of…
Here’s what to expect from Friday’s release of the April jobs report
Not that long ago, U.S. payroll growth of less than 100,000 or so a month meant the labor market was…
Surging gas prices are hitting lower-income households harder, New York Fed study shows
A gas station sign displays prices in Washington, D.C., U.S., May 1, 2026.Annabelle Gordon | ReutersLower-income consumers are compensating for…
Private payrolls rose by 109,000 in April, topping expectations, ADP says
Private sector job creation was stronger than expected in April, providing more evidence of a stable labor market and less…
UK exports to U.S. plunge by 25% after Trump’s ‘liberation day’ tariffs blitz
US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting…
Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut
Federal Reserve officials who voted this week against the post-meeting statement said they didn’t think it was appropriate to signal…
Inside the Fed: Powell vows he won’t be a ‘shadow chair,’ but a Warsh clash will be tough to avoid
Federal Reserve Chairman Jerome Powell, and Federal Reserve Nominee, Kevin Warsh.ReutersWhen the Federal Open Market Committee gathers again in mid-June,…
Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges…
Will rates go higher in Europe this week? Central banks confront stagflation threat
Mounted police officers sit in outside the Royal Exchange and the Bank of England in London on June 17, 2020.TOLGA…
Will he stay or will he go? With criminal probe over, Fed Chair Powell faces big decision
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee…
Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
Kevin Warsh, President Donald Trump‘s nominee for Federal Reserve chair, told lawmakers that he would like the central bank to…
Trump extends Iran ceasefire — but market focus has already drifted elsewhere
US President Donald Trump speaks during the NCAA Collegiate National Champions Day event at the White House in Washington, DC,…
Tariff refunds begin on Monday. These retailers are due big paydays
U.S. importers, ranging from Target to Walmart, are due more than $160 billion in tariff refunds following a February Supreme…
Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence
Federal Reserve chair nominee Kevin Warsh said Monday the central bank must be largely independent of political influence but also…
