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Economy

UK student loans: MPs call promotion mis-selling

UK student loans are under new scrutiny after MPs said past promotion amounted to mis-selling and attacked a £29,385 repayment-threshold freeze.

By Helena Brandt
Economy

Trump Accounts reach hospitals as newborn rollout goes live

Trump Accounts will let parents enroll newborns through hospital Social Security forms, testing how broadly the $1,000 policy reaches families.

By Helena Brandt
Economy

Judges block Trump limits on public-service loan forgiveness

Federal judges kept Public Service Loan Forgiveness open under existing rules, blocking Trump administration limits one day before they were due to take effect.

By Tomás Iglesias
Economy

China factory PMI rises to 50.3 as export demand leads

China factory PMI rose to 50.3 in June as AI-linked export demand kept manufacturing expanding, while domestic demand stayed soft.

By Helena Brandt
Economy

Fed independence: Supreme Court keeps Lisa Cook

Fed independence remains intact for now after the Supreme Court let Governor Lisa Cook stay, limiting Donald Trump's reach into the central bank.

By Helena Brandt
Economy

PBOC overnight reverse repo omits rate, clouds policy signal

PBOC overnight reverse repo pricing stayed undisclosed at launch, leaving traders to infer whether Beijing is shifting its short-term policy benchmark.

By Helena Brandt
Economy

Spanish inflation June 2026 holds at 3.6%, testing ECB

Spanish inflation June 2026 held at 3.6%, above forecasts and the ECB's target, keeping pressure on rate-cut expectations as energy eased.

By Helena Brandt
Economy

Fed inflation: Barkin says price pressures remain too high

Fed inflation remains above target, Tom Barkin said, even as some pressures ease, keeping the case for a restrictive policy stance intact.

By Helena Brandt
Economy

Student loan forgiveness 2026: what still works after SAVE

Student loan forgiveness 2026 still includes PSLF, IDR discharge and targeted relief, even as former SAVE borrowers face new deadlines.

By Helena Brandt
Economy

US core inflation forecasts rise as Fed cuts slip to 2027

US core inflation forecasts rose after May PCE hit 3.4 per cent, with economists now seeing the Federal Reserve on hold until June 2027.

By Helena Brandt
Economy

SAVE plan exit deadline delayed to Sept. 29 for borrowers

SAVE plan exit deadline moves to at least Sept. 29, giving borrowers more time before a forced switch while extending uncertainty over monthly payments.

By Helena Brandt
Economy

Tokyo inflation 1.6% keeps BOJ on track for another hike

Tokyo inflation rose to 1.6 per cent in June, the first acceleration in eight months, keeping the Bank of Japan on course for a further rate rise.

By Helena Brandt
Economy

PBOC overnight reverse repo signals shift in rate control

PBOC overnight reverse repo operations planned for June 29-30 point to tighter control of short-term funding costs and a bond-friendly shift.

By Helena Brandt
Economy

Australia core inflation hits 3.6% as RBA pressure builds

Australia core inflation accelerated to 3.6% in May while headline CPI eased to 4.0%, keeping the RBA under hawkish pressure.

By Helena Brandt
Economy

Bank of Korea signals higher rates as housing debt risks rise

Bank of Korea said higher rates may be needed as Seoul home prices rose for a 72nd straight week and household debt concerns returned to the policy debate.

By Helena Brandt
Economy

South Korea chip boom raises property-market risk

South Korea's chip boom is raising property-market risk as policymakers warn export windfalls and stock gains could spill into real estate.

By Helena Brandt
Economy

Colombia election 2026: markets eye pro-business turn

Colombia election 2026 delivered a narrow win for Abelardo de la Espriella, giving investors a pro-business signal but a harder governability test.

By Helena Brandt
Economy

China supply-chain warning widens rare-earth dispute

China supply-chain warning widened the rare-earth dispute after Beijing targeted 10 U.S. entities, raising costs for global manufacturers.

By Helena Brandt
Economy

PCE inflation 2026: hot print keeps Fed hike bets alive

PCE inflation 2026 is expected to reaccelerate, backing Kevin Warsh's hawkish Fed stance and keeping rate-hike bets in play.

By Helena Brandt
Economy

Student loan repayment changes 2026: what July 1 means

Student loan repayment changes on July 1 will end SAVE, add RAP and a new standard plan, and offer auto-pay users a temporary rate cut.

By Helena Brandt
Economy

Trump says US better off without USMCA before July review

Trump's USMCA threat before the July 1 review revives trade risk for North American manufacturers and puts a settled pact back in play.

By Helena Brandt
Economy

BOJ raises rates to 1% as yen carry trades face test

BOJ raises rates to 1% for the first time since 1995, putting yen carry trades and Japan's bond-buying path under fresh pressure.

By Helena Brandt
Economy

China retail sales fall 0.6% as demand gap widens

China retail sales fell 0.6 per cent in May, the first drop since late 2022, as property and investment data weakened.

By Helena Brandt
Economy

BOE rate hikes gain support as Iran war strains unity

BOE rate hikes are back in view as inflation expectations rise and officials debate whether Iran-war price pressure needs another move.

By Helena Brandt
Economy

Student loan forgiveness 2026: rules borrowers need

Student loan forgiveness 2026 still exists through PSLF, IBR and other routes, but July 1 repayment changes narrow the choices.

By Helena Brandt