INFL

Pakistan Budget: Defense Spending Up, Development Squeezed to Meet IMF Targets

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The Pakistani government proposed an 18.77 trillion rupee ($67.49 billion) national budget on June 12, 2026, prioritizing an 18% increase in defense spending while tightening federal development expenditure to 1 trillion rupees. Finance Minister Muhammad Aurangzeb stated the budget aims to secure the nation’s defense amid regional uncertainty while maintaining a $7 billion International Monetary … Read more

World Bank Cuts Global Growth Forecast to 2.5% Amid War Risks

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The World Bank has lowered its 2026 global economic growth forecast to 2.5%, citing ongoing conflict in the Middle East and persistent energy market volatility. This revision, detailed in the bank’s semi-annual Global Economic Prospects report, marks the lowest growth projection since the onset of the COVID-19 pandemic. According to the report, disruptions to energy … Read more

US Jobs Report Signals Hawkish Fed Outlook as Warsh Takes Charge

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The Warsh Era Begins: A New Federal Reserve Faces a Familiar Inflation Foe When Kevin Warsh stepped into the role of Federal Reserve Chair in mid-May, he was expected to usher in a period of productivity-led growth. Instead, the former governor finds himself navigating a turbulent economic landscape defined by stubborn inflation and a labor … Read more

May Jobs Report to Shape Warsh’s Fed Debut

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The Federal Reserve is entering a new era of monetary policy as incoming Chair Kevin Warsh prepares to lead his first policy meeting on June 16-17. His tenure begins against a backdrop of shifting priorities, as central bank officials pivot their focus from labor market concerns toward the persistent challenge of high inflation. For much … Read more

US Treasury Rout: Can Washington Sustain Higher Borrowing Costs?

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The Bond Market’s Silent Power: Why Rising Yields Are Testing the Trump Administration In the high-stakes world of Washington politics, few forces are as formidable as the bond market. While policy debates often center on Capitol Hill, the real pressure on the Trump administration is currently playing out in the movement of U.S. Treasury yields. … Read more

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