Macro & Policy
Federal Reserve, fiscal policy, economic data, and bond markets
CFTC Submits Rules Defining Event Contracts as Swaps, Challenging State Gambling Claims
New regulatory proposals seek to classify prediction market contracts as financial swaps rather than gambling, potentially undermining state lawsuits against platforms like Kalshi.
Macro & PolicyHoliday Retail Sales Forecast to Top $1 Trillion on Inflation-Driven Growth
Bain & Company forecasts 4.5% year-over-year growth, but rising prices mask thinner unit volume gains as consumer confidence hits a decade low.
Macro & PolicySwiss National Bank Holds Rates at 0%, Signaling Pause in Easing Cycle
The SNB maintains its benchmark interest rate at zero percent, citing ongoing global uncertainty and the need to monitor inflation dynamics before further cuts.
Macro & PolicyMCD CEO Warns High Inflation and Flat Traffic Are Structural, Not Temporary
McDonald's leadership signals that persistent pricing power and stagnant customer volume will define the sector's outlook, challenging recovery narratives.
Macro & PolicyFed Chair Warsh Warns Inflation 'Too High' After First Rate Hike in Three Years
Unanimous vote raises benchmark to 4.00% as Richmond Fed’s Barkin signals a coming 'reckoning' on $40T debt.
Macro & PolicyFed's Barkin Says Economy Firming, Inflation Risks Outweigh Employment
Richmond Fed President Tom Barkin highlights persistent price pressures beyond energy and tariffs, reinforcing the case for further rate hikes after last week's 25-basis-point increase.
Macro & PolicyBinance Faces Probe From U.S. Federal Prosecutors Over Sanctions Violations
Reports indicate federal prosecutors are investigating the crypto exchange for potential breaches of U.S. sanctions regulations.
Macro & PolicyTrump Demands 1% Rates as Fed Hikes to 4.00%; Warsh Cites Persistent Inflation
President Trump publicly clashed with new Fed Chair Kevin Warsh after the FOMC raised rates to a range of 3.75%-4.00%, arguing US credit strength warrants lower costs.
Macro & PolicyHuntington Drops 5.5% as Fed Hike Exposes Regional Bank Margin Pressure
HBAN shares fell to near 52-week lows after management trimmed 2027 EPS guidance amid rising deposit costs and a new rate increase.
Macro & PolicyFed Keeps Door Open for More Rate Hikes as Schmid Warns There's 'Work to Do'
Kansas City Fed President Jeff Schmid supports recent rate hike and signals further tightening may be needed as inflation remains above target.
Macro & PolicyFed Hikes Rates, S&P 500 Dips as Hawkish Dot Plot Signals More Tightening
The Federal Reserve’s first rate hike since July 2023 and a hawkish dot plot have pressured equities, with persistent inflation and oil prices driving market caution.
Macro & PolicyWireless Bill Shock Drives 5.9% CPI Jump, Helping Cement Fed's 25-Basis-Point Hike
Record surge in telecom costs contributed roughly 10 basis points to August's core inflation, influencing the Federal Reserve's first rate increase in three years.