US US GDP Slows to 1.5% as Consumer Spending Accelerates
U.S. GDP grew 1.5% in the second quarter, but private domestic demand accelerated as consumers and businesses kept spending amid persistent inflation.
2026-07
US 
Global Economy OPEC+ Pause After September Could Reshape Oil Markets
OPEC+ may stop raising oil output after September as recovering supply, soft demand and volatile Gulf flows reshape the 2026 market balance.
Middle East Conflict Iran-Oman Hormuz Talks Put Oil Flows Back in Focus
Iran and Oman are advancing Hormuz shipping talks as oil flows, freight costs and inflation risks keep global markets focused on safe passage.
Ukraine-Russia Russia Cuts Key Rate to 14% as Inflation Risks Rise
The Bank of Russia cut its key rate to 14% but raised its inflation outlook, signaling slower easing as fuel costs, supply constraints, and fiscal risks persist.
Eurozone ECB Holds Rates as Energy Shock Tests Inflation Path
The ECB kept rates unchanged as June inflation eased, but energy costs, tighter credit and a fragile path back to 2% kept policy risks elevated.
Middle East Conflict Red Sea Attacks Push Oil Above $100 as War Widens Again
Oil surged above $100 after Red Sea tanker attacks widened shipping risk, reviving inflation, credit and sovereign concerns.
Eurozone ECB Holds Rates as September Hike Risk Stays Alive
The ECB held its three policy rates unchanged after June's increase, but energy-driven inflation and tighter credit keep a September hike in play.
Global Economy World Bank Warns War Could Cut Global Growth to 1.3%
The World Bank says a prolonged Middle East energy shock combined with financial stress could cut 2026 global growth to 1.3%.
Global Economy Developed-Market Debt Heads for Record $75.8 Trillion
Fitch expects developed-market government debt to reach a record $75.8 trillion in 2026. Higher refinancing costs are testing budgets and bond markets.
US US Import Prices Rise as Nonfuel Costs Keep Climbing
U.S. import prices rose 0.3% in June as nonfuel industrial supplies, capital goods, and consumer imports gained despite lower fuel costs.