Section
Economy
Thailand seeks $5bn via notes, loans as yields rise
Thailand plans to raise about $5 billion through promissory notes and term loans after higher sovereign yields made a standard bond sale less attractive.
Mortgage rates hit August high as refinance demand drops 18%
Mortgage rates hit 6.65%, the highest since August, and refinance demand fell 18% as higher Treasury yields pushed borrowing costs higher for households.
Real wages shrink in developed countries as inflation rises
Real wages shrink in developed countries as oil-driven inflation outpaces pay, squeezing households and leaving central banks less room to cut.
Sri Lanka lifts rate to 8.75% in surprise full-point move
Sri Lanka raised its policy rate to 8.75% after April inflation hit 5.4% and the rupee fell 8.7% since early March.
Citadel's warning shows the Fed debate turning toward hikes
Fed rate hikes are back in play after Citadel Securities warned inflation, not labor slack, is now the bigger risk for Warsh's central bank.
China policy loan rate falls to record low of 1.45%
China policy loan rate fell to a record-low 1.45% as the PBOC eased bank funding costs, signaling more support for growth and liquidity.
30-year fixed mortgage rates in 2026: what they signal
30-year fixed mortgage rates in 2026 are tracking Treasury yields, lender spreads and housing demand, keeping affordability tight near 6.65 per cent.
Bank of Israel cuts rate to 3.75% as US-Iran talks advance
Bank of Israel lowered its benchmark rate to 3.75 per cent as inflation eased, the shekel strengthened and US-Iran ceasefire talks reduced pressure on the economy.
US consumer spending squeeze grows as tax refunds fade
US consumer spending squeeze is set to deepen as tax refunds run out, gas stays above $4.50 a gallon and lower-income households lean on credit.
ECB inflation outlook to rise in June, Lagarde signals
Christine Lagarde said the ECB is likely to raise its inflation outlook in June, signalling that Europe's energy shock is still feeding through the wider economy.
Consumer inflation expectations complicate Warsh's Fed
Consumer inflation expectations are rising just as Kevin Warsh takes over, making Fed rate cuts harder even if the oil shock fades.
Student loan repayment 2026: how July changes bills
Student loan repayment changes in July 2026 could raise monthly bills, narrow plan choices and give SAVE borrowers 90 days to switch.
Student loan forgiveness 2026: what changed and what to do
Student loan forgiveness 2026 changed when SAVE ended, RAP replaced it and PSLF rules tightened. Here is what borrowers need to do next.
Asia energy shock is turning into a currency and growth test
Asia energy shock is pushing oil-importing economies into weaker currencies, higher inflation and tougher subsidy choices as growth slows.
Hormuz reopening nears as Iran offers uranium concession
Hormuz reopening moved closer after Iran signaled it could surrender enriched uranium for sanctions relief under a 60-day framework.
Bond traders price a tougher Warsh Fed than the White House wants
Kevin Warsh's Fed is already shifting Treasury pricing toward 2026 hike bets, lifting yields as traders test how hawkish the new chair will be.
US debt interest bill rises as Iran war lifts yields
US debt interest costs are rising as Iran-war-driven Treasury yields add about $8bn this fiscal year and push mortgage rates back toward 7%.
US-China trade gap keeps tariffs in play after APEC
APEC showed the US and China still far apart on trade, leaving tariff and supply-chain disputes in play for inflation and markets.
Student loan overhaul leaves Class of 2026 with harsher bills
Student loan overhaul is hitting new graduates from three directions: higher borrowing costs, tighter federal caps and a shakier repayment system.
Bangladesh central bank launches $5bn fund to restart growth
Bangladesh central bank launched a $5 billion growth fund to reopen factories, support small-business credit and shore up 3.0 per cent growth.
Public service loan forgiveness limits move toward July 1
Public service loan forgiveness limits moved closer after Senate Republicans let the Trump rule stand, raising repayment risk for teachers and nurses.
PCE inflation nears 4% as energy shock tests the Fed
PCE inflation is headed toward 4 per cent as war-driven energy costs lift the Fed’s preferred gauge, hardening the case for higher-for-longer rates.
What PCE is and why the Fed prefers it to CPI
PCE is the inflation gauge the Federal Reserve prefers because it captures a broader slice of spending, adjusts faster to changing consumption patterns and sits inside the national accounts.
The quiet tariff-refund race eases cost pressure
Tariff refunds are giving US companies a quiet margin boost, slowing some price hikes even as executives avoid advertising the windfall.
The Iran war is draining the old petrodollar cushion
Petrodollar recycling is weakening as the Iran war keeps oil high, lifts Treasury yields and removes a familiar Gulf cushion for global demand.
