US Treasury Details $97 Billion Yen Rescue Mechanism to Senator Warren
Treasury Secretary Bessent denies a US loan to Japan, detailing a yen asset swap instead of debt.
2 h ago10 min read
Macro News
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
Grayscale Research Says Government Debt Fuels 'Debasement Trade,' Boosting Bitcoin
Grayscale research links rising U.S. debt to a debasement trade that will benefit bitcoin, citing Treasury buyback moves.
5 h ago8 min read
September's Perilous Pattern Engulfs Bitcoin, Bonds, Stocks
Bitcoin nears $80,000 as September midterm risks loom, with the Fed debating a rate hike and US stocks near highs.
6 h ago13 min read
Payroll benchmark revision cuts 79,000 jobs from count
A preliminary benchmark revision to non-farm payrolls removed 79,000 jobs, contrary to expectations of a gain.
7 h ago2 min read
Goolsbee echoes Warsh: Inflation is Fed's top concern
Goolsbee agrees inflation is the main issue and backs steady rates at July FOMC.
9 h ago2 min read
Market Reassesses Fed Policy after Warsh's Hawkish Tone, Dollar Strengthens
The dollar rose after Warsh's hawkish comments raised September rate hike odds to 57%, pushing the euro lower.
11 h ago5 min read
Fed's Warsh flags rising alarm over price stability data
Fed's Warsh says inflation data is more concerning, signals possible rate hike.
12 h ago4 min read
Final August consumer sentiment index comes in at 51.7, topping initial estimate
The University of Michigan's final August consumer sentiment index rose to 51.7, beating the initial estimate of 51.0.
12 h ago8 min read
Crypto and stablecoins on Jackson Hole agenda for first time
Crypto and stablecoins are on the official agenda for the 2026 Jackson Hole symposium, a first for the event.
12 h ago15 min read
Fed's Hammack urges immediate rate hikes, warns delay causes harm
Hammack repeats call for rate hikes as inflation stays near 3% and financial conditions seen as not restrictive.
12 h ago2 min read
Canada's Q2 GDP annualized rate misses forecast at 3.3%
Canada's second-quarter GDP grew at a 3.3% annualized rate, below expectations of 3.4%. June monthly GDP rose 0.3%.
13 h ago3 min read
European markets tread carefully before Jackson Hole symposium
Markets were quiet as traders awaited Fed Chair Warsh's Jackson Hole speech. European stocks edged higher, while currencies and gold were little changed.
14 h ago5 min read
Interest Rate Expectations Shift After CPI and Trade Tensions
Market rate expectations for RBA and BoC adjusted after Australian CPI beat and US-Canada trade conflict; focus turns to Fed Chair Warsh's speech.
15 h ago9 min read
Warsh's First Jackson Hole Speech Puts Fed Credibility on the Line
Kevin Warsh delivers his first Jackson Hole speech as Fed chair, with markets split on a September rate hike.
15 h ago30 min read
Eurozone sentiment extends recovery in August
Eurozone economic sentiment continued its recovery in August, with confidence improving across sectors, though consumer inflation expectations edged higher.
16 h ago5 min read