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Economic News

World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says

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15 July 2026
The latest edition of the Fed's beige book indicated that the soccer tournament wasn't necessarily translating to broader economic growth.
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Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline

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15 July 2026
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Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook

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15 July 2026
Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank's interest rate decision next week.
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Renewed Hormuz hostilities drive ECB rates rethin amid ‘extremely volatile’ outlook

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15 July 2026
Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank's interest rate decision next week.
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China posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls

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14 July 2026
That second-quarter growth came below Beijing's full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.
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China posts slowest GDP growth since 2022 at 4.3%, missing expectations

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14 July 2026
That second-quarter growth came below Beijing's full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.
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  1. Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
  2. India's inflation accelerates to 4.38% in June, exceeding forecasts
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