Economy

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

GDP accelerates amid energy shock

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

MPC 8-1 vote warns of rising U.K. inflation risks from oil shock

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Energy prices spiked 10.9 percent amid SoH blockade fueling stagflation fears

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Central bank keeps policy steady in 6–3 vote as market expected

India and New Zealand sign free trade deal, announce $20 billion investment commitment

India and New Zealand sign free trade deal, announce $20 billion investment commitment

The investment commitment of $20 billion from New Zealand signals strong confidence in India’s growth story

Euro area economy contracts first time in 16 months as April PMI falls to 48.6 on services slump, energy cost pressures

Euro area economy contracts first time in 16 months as April PMI falls to 48.6 on services slump, energy cost pressures

Business activity weakens

India and South Korea announce plans to double trade to $50 billion by 2030

India and South Korea announce plans to double trade to $50 billion by 2030

The two sides agreed to substantially deepen economic cooperation, with a focus on industries such as shipbuilding, defense and artificial intelligence

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

Gasoline prices climbed 21.2 percent in March, marking record increase since 1967

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

The Commerce Department reported a step down from the prior 0.7 percent growth figure for the quarter

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Country implemented fuel rationing and 35 percent price hike to preserve foreign reserves

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

Fed officials forecast slower progress toward 2 percent inflation goal amid energy volatility

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

Unemployment falls to 4.3 percent as 396K drop out of labor force

World food prices hit highest since September, FAO says

World food prices hit highest since September, FAO says

Wheat up 4.3 percent from U.S. crop fears and Australian planting cuts

U.S. trade gap hits $57.3 billion following 4.9 percent rise, despite record $314.8 billion in in exports

U.S. trade gap hits $57.3 billion following 4.9 percent rise, despite record $314.8 billion in in exports

Esxports surge was driven by monetary gold and natural gas

Bank of Japan updates natural rate estimate as era of ultra low rates ends

Bank of Japan updates natural rate estimate as era of ultra low rates ends

Neutral interest rate range stands between -0.9 percent and +0.5 percent

ECB President Lagarde signals potential rate hikes to counter energy shock

ECB President Lagarde signals potential rate hikes to counter energy shock

Lagarde stated that a moderate overshoot of the inflation target could justify measured tightening

Eurozone output growth slows in March as input cost inflation accelerates: PMI

Eurozone output growth slows in March as input cost inflation accelerates: PMI

Manufacturing production increased modestly, and at a pace that was only slightly slower than that seen in February

U.S. business activity growth falls to 11-month low in March, says S&P Global

U.S. business activity growth falls to 11-month low in March, says S&P Global

The S&P Global U.S. Manufacturing PMI rose from 51.6 in February to 52.4 in March

Japan’s core consumer inflation slows below central bank’s 2 percent target in February

Japan’s core consumer inflation slows below central bank’s 2 percent target in February

Core inflation eased from 2 percent in January to 1.6 percent in February, falling below the BOJ’s 2 percent target for the first time since March 2022

Reserve Bank of Australia lifts interest rates to 10-month high on rising inflation risks

Banking & Finance

Reserve Bank of Australia lifts interest rates to 10-month high on rising inflation risks

The central bank lifted its benchmark rate to 4.1 percent, marking its second hike this year following a similar move in February

U.S. industrial production rises 1.4 percent in February on stronger manufacturing, mining output

U.S. industrial production rises 1.4 percent in February on stronger manufacturing, mining output

In February, manufacturing output rose 0.2 percent, while the index for mining grew 0.8 percent

U.S. trade deficit plummets to $54.5 billion as exports surge in January

U.S. trade deficit plummets to $54.5 billion as exports surge in January

Trade gap fell from a revised $72.9 billion in December

Fed 25‑bp cuts eyed Q3–Q4 as inflation, oil‑supply and geopolitical tensions push timeline to Sept–Dec

Fed 25‑bp cuts eyed Q3–Q4 as inflation, oil‑supply and geopolitical tensions push timeline to Sept–Dec

Cooling labor market could bring earlier Fed cuts, Goldman warns

U.S. stock futures slip following 0.3 percent rise in February Consumer Price Index

U.S. stock futures slip following 0.3 percent rise in February Consumer Price Index

CPI rose 2.4 percent annually while investors assessed the Fed outlook