Fed Expected to Hold Rates in October and Raise Them in December, Reuters Poll Shows
A Reuters poll finds 94 of 100 economists expect an October Fed hold, while all forecast a December increase as inflation pressures persist.
Economy - Page 2
Track the key forces shaping the global economy with our comprehensive coverage. This section delivers timely updates on central banks and interest rates, inflation trends, labor markets, GDP growth and geopolitical shifts. We provide clear analysis and essential context so readers can understand how economic indicators and policy decisions affect markets, businesses and personal finances worldwide. Designed for professionals, investors and anyone interested in macro trends, our Economy category brings together the stories that define today’s economic landscape.
Latest Economy News
Bank of America Added 1,000 Contractors to Patch AI-Exposed Software Flaws
Bank of America added 1,000 contractors after AI models including Mythos exposed software flaws; its disclosed remediation costs also include AML work.
UBS Sees ECB Rate Hikes in December and March, Lifting Peak to 3%
UBS now forecasts quarter-point ECB rate hikes in December 2026 and March 2027, taking the deposit rate to 3%, while still expecting an October pause.
Bitcoin Hits $83,000 as China GDP Beat Lifts Asian Markets
Bitcoin approached $83,000 as Nasdaq futures and Asian stocks rose after China’s GDP grew 4.5%, while stronger retail sales helped lift risk appetite.
Anthropic’s Jack Clark Says AI Could Lift US GDP to $44 Trillion
Anthropic cofounder Jack Clark says AI could lift US GDP to $44 trillion by 2030, an extreme scenario that also raises questions about jobs and global...
US Producer Inflation Surges to 6.3% as Energy Costs Jump
US producer prices rose 1.3% in September, the largest monthly gain since March 2022, as annual inflation hit 6.3% and initial jobless claims reached 199,000.
Larry Fink Warns Data Center Freeze Could Push US Into Recession
BlackRock’s Larry Fink warns a U.S. data center moratorium could trigger recession, as AI spending fuels growth and opposition to new projects rises.
US Inflation Rises to 3.7% as Treasury Yields Jump and Fed Pressure Builds
US inflation rises to 3.7% and core CPI reaches 2.6%, lifting Treasury yields as the Fed weighs further rate increases before its October meeting.
Italy’s Bond Risks Rise as Meloni Lifts Deficit Targets
Italy’s higher deficit targets put its debt-reduction plans under scrutiny as Goldman Sachs warns about borrowing costs and election uncertainty.
Missed Debt Payments Hit Highest Level Since 2010, Fed Finds
The Fed’s 2025 survey shows rising payment difficulties despite gains in household wealth, highlighting pressure on American family budgets.
Alex Karp Sees an AI Edge for Trades and Neurodivergent Workers
Palantir CEO Alex Karp’s career outlook puts skilled trades and unconventional thinking in focus as families weigh training costs and AI-driven hiring changes.
Brent Above $102 as Aramco Warns of Two-Year Oil Stock Rebuild
Brent trades near $102.48 a barrel as Aramco CEO Amin Nasser warns that depleted oil stockpiles could take two years to rebuild after Hormuz fully reopens.