Global Economy

War-driven inflation, oil shocks, and recession fears

Track the global economy under pressure from the Middle East conflict: energy price spikes, supply chain disruptions, central bank responses, inflation data, and recession indicators from diverse financial sources.

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Companies keep raising prices. The Fed is trying to get them to reconsider.

Inflation pressures have been so persistent this year in part because businesses have been able to pass along higher prices to consumers.

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Fed Unveils More Stablecoin Plans As Regulators Embrace Crypto - Bloomberg.com
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Daily on Energy: Where permitting reform stands

WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, readers! Fall is in full swing here in D.C., and that means Callie is back in her kitchen experimenting with fun new bak…

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Surging Treasury yields pose a brand new problem for Kevin Warsh and the Fed

Markets expect the central bank will take a firmer hand on inflation. It's not that easy.

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Green Energy Is Coming for the Desert
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US energy secretary seeks refiners' help amid narrow options to curb diesel price - Reuters
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EXCLUSIVE: BP eyes Devon Energy asset amid renewed US M&A ambitions, sources say - Reuters
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Genossenschaftsbanken: Volksbank Brawo wickelt Gesellschaften der Sparte Green Energy ab – fast 60 Mitarbeiter sind betroffen

Die Volksbank Braunschweig Wolfsburg stellt den Geschäftsbetrieb Green Energy zum Jahresende ein. Knapp 60 Beschäftigten wird gekündigt. Die Bank benötigt Hilfe vom genossenschaft…

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Collapsing currency and inflation leave families struggling in Sudan

Rising bread, sugar and meat prices strain Sudanese households already grappling with war and economic instability.

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Tim Scott and Raphael Warnock unveil bill to strengthen critical mineral supply chain
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Analysis: Higher Treasury yields deliver a reality check on a hot, inflation-prone economy

Elevated Treasury yields will complicate both Federal Reserve policy and Treasury financing.

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ECB's Schnabel quits to join IMF, setting in motion a board reshuffle - Reuters
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Philadelphia Fed's Anna Paulson says 'modest' rate moves likely ahead to tame inflation

The policymaker said she and her colleagues may need to raise interest rates further to bring inflation back to target.

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Fed’s Paulson Says Modest Further Tightening May Be Needed - Bloomberg.com
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Isabel Schnabel to leave ECB early to join IMF

Role is one of several top jobs at the central bank under negotiation between Eurozone capitals

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Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare - AP News
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‘Makes very little economic sense’: Ex-Trump energy secretary warns Trump against diesel export ban - cnn.com
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Energy Department will spend $2 billion to squeeze more electricity from aging power grid - AP News
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Serbia to release reserve diesel due to global shortage, energy minister says - Reuters
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Fed’s Williams Says More Work Needed to Bring Down US Inflation - Bloomberg.com
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New York Fed’s Williams says it's 'reasonable' to expect another rate hike by year-end

John Williams was speaking at the London Macro Policy Forum on Thursday.

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Fed's Williams says it is reasonable to see another US rate hike this year - Reuters
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„Hohe Schulden ziehen die Inflation nach sich“

Steigende Schulden, wachsende Zinslasten und fehlende Reformen: WELT-Chefökonomin Dorothea Siems warnt vor einem gefährlichen Kurs. Deutschland müsse „eigentlich der Stabilitätsan…

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The market is pricing in too many Fed hikes, says the former Dallas Fed chief

The bond market is getting too aggressive in pricing in Federal Reserve rate hikes, a former central bank official says.

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Nikkei, Topix, CSI 300: Inflation treibt japanische Staatsanleihen – China-Börsen verlieren

Die KI-Euphorie und die globalen Konflikte sind die dominierenden Themen an den asiatischen Börsen. Die japanische Börse tendiert fester, in China geben die Märkte nach.

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Fed rate hike cycles have a history of denting US stock prices - Reuters
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Trump’s tariff war is clobbering the Hanks of America

The end of the ‘de minimis’ exception can inflict major damage on niche companies

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El valor de las joyas de Zapatero según la tasación pericial apunta a un delito fiscal, aunque haya prescrito

El expresidente trata de desvincular el “obsequio” de su condición de jefe del Ejecutivo, pese a que recibió las piezas durante un viaje oficial del rey saudí a España

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Gold muted as Fed policy tightening prospects weigh - Reuters
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Dollar perched at two-month high as hot PMI fuels inflation fears, rate hike bets - Reuters
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Zapatero necesita un certificado de Arabia Saudí para conseguir tumbar su imputación por delito fiscal y de contrabando
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Real pode ir a R$ 4,35 com sinais de consolidação fiscal, diz Goldman Sachs - Valor Econômico
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Asian Stocks, Bonds to Slide on Inflation Jitters: Markets Wrap - Bloomberg
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Inflation could cost Republicans the Senate — this chart shows how

Fallout from these decisions pushed prices higher and pressured worker pay

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Ukraine’s Zelensky warns of painful winter for Russia if energy truce talks fail

Ukrainian President Volodymyr Zelensky warned Moscow at the United Nations on Wednesday that his nation would strike back and make the coming winter deeply painful for Russia, if …

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US business activity at more than five-year high; inflation pressures building - Reuters
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