Economy

European Central Bank Signals Policy Shift as Iran Conflict Drives Energy Costs Higher and Forces Upward Revision of Inflation Forecasts

From Concert Crowds to Long-Term Tourism Growth, the Global K-pop Phenomenon Is Emerging as a Powerful Economic Force

Despite record-breaking scale and global fan interest, the 2026 World Cup is shaping up to deliver uneven tourism gains rather than a broad economic windfall for U.S. businesses.

Rising commodity prices linked to Middle East tensions and booming investment in artificial intelligence infrastructure are pushing manufacturing costs sharply higher, while consumer spending remains too weak to generate broader inflation across the economy.

New York Fed Survey Shows Deteriorating Consumer Sentiment Despite Stable Inflation Expectations

Traders Increasingly Expect Prolonged Disruptions as Middle East Tensions Keep One of the World’s Most Critical Energy Routes Under Pressure

Massive Import Cuts Have Helped Prevent a Major Energy Shock, but Analysts Say Higher Oil Prices May Be Inevitable as Inventories Shrink and Supply Pressures Build

Reserve Bank of India Maintains 5.25% Benchmark Rate While Escalating Energy Costs, Currency Pressures, and Weather Risks Complicate the Economic Outlook

While most economists expect the RBI to keep borrowing costs unchanged, mounting currency pressures, rising fuel prices, and climate-related inflation threats could force policymakers into earlier action.

GDP expansion falls short of forecasts in the first quarter as softer household demand, reduced government spending, and severe weather events weigh on economic momentum.

New eligibility rules and stricter requirements are reducing food aid access nationwide as rising living costs place greater pressure on low-income households

Record-high government bond yields reflect investor anxiety over fiscal policy, inflation risks, and questions surrounding Prime Minister Takaichi’s budget strategy

Private factory survey points to resilient industrial activity, but weaker exports, softer hiring, and official data highlight ongoing challenges

Rising borrowing costs, weaker lending activity, and stubborn inflation are forcing the European Central Bank into one of its most difficult policy decisions in years, even before another official rate hike takes effect.

Minneapolis Fed president warns inflation remains too high, while acknowledging a resilient U.S. job market and growing uncertainty from global shocks and AI-driven change

Fresh military action, rising threats near the Strait of Hormuz, and new sanctions on Tehran send oil prices sharply higher and deepen fears of a wider regional conflict