Fed's Schmid says choice is between patience and rate hikes to tamp down inflation
Kansas City Fed president Jeffrey Schmid said Thursday that the U.S. central bank's choice now is between being patient and holding interest rates
June 05, 2026Kansas City Fed president Jeffrey Schmid said Thursday that the U.S. central bank's choice now is between being patient and holding interest rates
June 05, 2026
The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers
June 04, 2026
Overseas investors are opting for short-term Indian government bonds as they find attractive entry points amid expectations of the interest rates cycle
June 04, 2026
Australia's central bank is closely monitoring economic conditions to assess how higher interest rates and the global energy price shock are playing out, its top central
June 04, 2026
Dallas Federal Reserve President Lorie Logan on Wednesday said signs of robust economic growth and corporate earnings "going gangbusters" are helping to make her
June 04, 2026
Canada's services economy expanded at a modest pace in May as the Middle East conflict raised economic uncertainty and higher fuel prices contributed to the
June 03, 2026
U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and
June 03, 2026
U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of
June 03, 2026
Euro zone private sector activity shrank at the fastest rate in 18 months in May as waning demand for goods and services — a key gauge of economic health — dragged output
June 03, 2026
Australia's economy slowed in the March quarter as strength in business investment was offset by a drag from trade, data showed on Wednesday, while higher
June 03, 2026
India's central bank faces one of the toughest interest rate calls in recent memory this week, as the Middle East energy shock, a slumping currency and a
June 02, 2026
U.S. grid operator PJM Interconnection on Monday said it has proposed raising its minimum capitalization threshold to $2 million for wholesale electricity market participants to
June 02, 2026
U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to
June 01, 2026
The economic shock from the Iran war hit European factories last month, suppressing demand for their
June 01, 2026
Growth in euro zone manufacturing lost momentum in May as demand for goods stagnated and supply-chain disruptions linked to the Middle East war pushed input costs to their
June 01, 2026
British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains,
June 01, 2026
Spain's manufacturing sector expanded modestly in May, at a slightly slower pace than in April, as disruptions linked to the Middle East conflict worsened supply delays,
June 01, 2026
Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting
May 30, 2026
In a Truth Social post on Wednesday, the president proclaimed “TRUMP’S MAKING FOOD AFFORDABLE,” and cited falling prices for a range of groceries, including avocados, fresh berries, and a variety of pantry staples
May 29, 2026
Prices for tomatoes are up 40% over the past year, the biggest increase tracked among products in the Consumer Price Index
May 29, 2026
By Michael S.
May 29, 2026
Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!
May 29, 2026
The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes
May 29, 2026
Rising airfares and hotel rates are making budget-conscious Americans delay or cancel summer trips while wealthy travelers are holding fast to
May 28, 2026