Author Archives: EBECON

Persistent inflation, high oil prices and concern about public debt pushed long-term yields higher.

US inflation moderated, but consumer spending and confidence weakened while oil remained expensive. That combination reduced the immediate case for a Federal Reserve rate increase, yet it also revived concern that growth could slow before inflation has fully returned to target.

“Leading AI developers increasingly describe a transition in which models help accelerate their own improvement.”

In the United States, employment fell by 23,000 in July.

Three major central bank decisions and four large companies reporting.

Real GDP expanded at a 1.5% annualized rate in the second quarter, down from 2.1%

Fed keeps its interest rates unchanged

Polycrisis, the past, the present and the future.

El Niño Could Drag Down the Global Economy

The ECB kept its interest rates unchanged on July 23.