Economy

Economic News

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Eurozone's Risks to Inflation, Growth Are Now More Balanced, Lagarde Says

By Ed Frankl and Don ForbesRisks to the eurozone's inflation and economic growth are more balanced after the decline in energy prices in the last month, European Central Bank President Christine Lagarde said Wednesday."Risks...that we had to the upside on inflation and to the downside of growth are…

Dow Jones Newswires en
Economy
NEWS reuters

Fed's Warsh hopes policy can be geared to realtime data within a year

By Howard SchneiderU.S. Federal Reserve Chairman Kevin Warsh set an ambitious timeline on Wednesday for the Fed to begin relying on new technology that delivers real-time data about the economy and be less tied to backward-looking government surveys."My aspiration is that 9 to 12 months from now we…

Reuters en
Economy
NEWS dow-jones

U.S. Factory Activity Continued to Expand in June

By Jessica CoacciFactory activity continued to expand in the U.S. for the sixth consecutive month in June, according to a survey of manufacturing firms.The Institute for Supply Management's purchasing managers' index was 53.3 last month, 0.7 percentage point lower than in May. Still, readings above…

Dow Jones Newswires en
Economy
NEWS reuters

Brazil to raise 2026 inflation forecast, official says

Brazil's government is set to revise up its inflation forecast for this year in projections due later this month, from the 4.5% estimate published in May, the Finance Ministry's economic policy secretary said on Wednesday.Speaking in an interview with local outlet Jota, Debora Freire said the gover…

Reuters en
Economy
NEWS reuters

Poland's gas storage tops early July target at over 70% full, operator says

Poland's gas storage facilities are over 70% full, exceeding the 60% national target for early July and topping 64% a year ago, the operator Gas Storage Poland said on Wednesday.Poland had 2.3 billion cubic meters of gas stored on July 1, the company said in a statement. That would place the countr…

Reuters en
Economy
trading-economics

Warsh Sees Easing Inflation Risks, Sticks to 2% Target Goal

Inflation risks have eased in recent weeks, but the US central bank remains committed to restoring inflation to its 2% target, Federal Reserve Chair Kevin Warsh said at the ECB’s annual Forum on Central Banking in Sintra, Portugal.Warsh stressed that delivering price stability remains the Fed's pri…

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Economy
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U.S. Construction Spending Misses Analyst Forecasts

By Kirk MaltaisU.S. construction spending rose in May, but not by as much as expected by surveyed analysts, according to the latest report from the Census Bureau.In its monthly report published Wednesday, the agency said spending on building projects came in at a seasonally adjusted rate of $2.21 t…

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Economy
NEWS reuters

Peru's consumer prices tick up more than expected in June

Peru's monthly consumer prices rose 0.23% in June, according to data published Wednesday by the national statistics agency INEI. That was above the 0.1% median forecast in a Reuters poll and followed a 0.16% decline in May.INEI said the monthly increase was driven mainly by food and non-alcoholic b…

Reuters en
Economy

ADP Dips Below +100K Jobs Gains 1st Time Since March

Wednesday, July 1st, 2026Pre-market futures begin the first trading session of the second half of calendar 2026 in the red so far. Considering myriad stresses on the global marketplace over the first half of the year, with oil supply shocks from the closing of the Strait of Hormuz and tariff costs…

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