macroeconomics

Ten years on, leaving the EU has made life more difficult and costly – here are some of the ways we’ve lost out It is 10 years since voters in the UK chose to leave the EU, and our wallets have been feeling the effects ever since. From paying more to take the dog on holidays in France – and making calls while you are there – to higher grocery bills and the headache of filling in customs forms fo…

Observers are calling Cuba’s new free-market reforms the most sweeping economic overhaul on the island’s communist economy since the Cuban revolution.

Department for Transport analysis suggests 0.05% boost will be offset by overall negative trade-off The economic boost from a Heathrow third runway could be a tiny fraction of previous estimates, government analysis shows, while the overall trade-off from the bigger airport could set the UK back by as much as £62.5bn. As ministers promised to speed up expansion of the London airport in the name o…

The impact on petrol and food prices, energy bills and mortgages if the truce holds and strait of Hormuz reopens Around the world, markets reacted with relief this week to news that Donald Trump had signed a draft peace deal with Iran that promised to reopen flows of oil and gas from the Gulf to global buyers. There are already signs the truce could unravel, with Friday’s peace talks in Switzerla…

While the Iran war explains the sudden rise in inflation, relying on this excuse obscures that there is potentially a long-term problem central banks will need to confront as they manage the long tail of this crisis. The post Central banks can’t afford to keep missing their inflation targets appeared first on Atlantic Council .

Sales rose 1.2% spurred by demand for items such as fans and paddling pools, says Office for National Statistics Retail sales bounced back to growth in May as record hot weather spurred sales of fans and paddling pools, while online purchases also soared. The Office for National Statistics (ONS) said the volume of retail sales in Great Britain grew 1.2% in May compared with the previous month, th…

Stocks closed higher on Wall Street, taking back most of their losses from a day earlier that were driven by anticipation that the Federal Reserve will likely raise interest rates this year in an effort to fight inflation.

Furman on Social Security: Attention Must Be Paid Alumnus and Harvard Professor Jason Furman discusses Social Security’s impending cash crunch, consumer pessimism, and why new data about the national debt is “definitely a problem.” Paul Massari Thu, 06/18/2026 - 16:57

Labour mayor giving advisory roles to ex-Bank of England economist and others seen as attempt to reassure markets Makerfield byelection – latest updates Three economic heavyweights have been brought in to advise Andy Burnham as he attempts to reassure the markets before his possible return to parliament on Friday and challenge to Keir Starmer . Burnham is understood to be getting advice from Andy…

A Commerce Department policy risks damaging the public’s understanding of the economy.

UK equities face political headwinds, but sector composition offers hope. UK inflation risks remain contained. The post Global Insight 2026 Midyear Outlook: United Kingdom appeared first on RBC Wealth Management .

Trump hopes oil prices will come down immediately, but economists say this probably won’t happen

The Middle East conflict weighs on European stocks, but structural tailwinds present an opportunity. The European Central Bank is hawkish despite growth risks. The post Global Insight 2026 Midyear Outlook: Europe appeared first on RBC Wealth Management .

China’s export strength masks soft demand; Japanese equities attract investor rotation. Asian credit spreads are tight, so a selective approach is required. The post Global Insight 2026 Midyear Outlook: Asia-Pacific appeared first on RBC Wealth Management .

The S&P/TSX climbs to record levels amid Iran tensions, tariff uncertainty. A technical recession masks encouraging signs in the Canadian economy. The post Global Insight 2026 Midyear Outlook: Canada appeared first on RBC Wealth Management .

There are catalysts for the bull market in stocks to persist. Bonds face a more challenging landscape. The post Global Insight 2026 Midyear Outlook: United States appeared first on RBC Wealth Management .

Challenging the Narrative of European Decline: Revised, Free Repost I do not think that word “productivity” means what people think it means A number of people have asked me to put some of my recent writing on European economic performance outside the paywall. Here is the central argument, revised to include data I think is slightly more informative. I’m still in Europe, where one of the luxuries…

Two MPC members vote for a quarter-point rise but Bank argues rapid reaction risks creating volatility Business live – latest updates The Bank of England has left interest rates on hold, arguing that reacting too quickly to inflation threats risked creating “undesirable volatility”, as the Iran war weighs on the UK economy. Seven of the nine-person monetary policy committee voted to keep rates at…

While the stock market booms for the rich, cost of living is soaring for everyone else Since 2020, the stock market has more than doubled. Americans who own substantial financial assets are reveling in economic success. For everyone else, the economy feels very different. This summer, the average family will spend nearly $800 just to keep their home cool, almost 40% more than in 2020 and up 10.5%…