Macroeconomic Monitor June 2025
The escalating Israel–Iran conflict, with risks of U.S. involvement and potential closure of the Strait of Hormuz, threatens global energy supply chains and increases geopolitical and commodity market volatility. The U.S. economy shows sectoral divergence, with resilient services and labor markets offset by weak manufacturing; persistent inflation and global risks are prompting the Fed to […]
Macroeconomic monitor May 2025
Macroeconomic LandscapeGlobal economic signals in mid-2025 remained mixed. The US kept interest rates steady as inflation eased slightly, while the Eurozone lowered rates amid subdued spending. China maintained growth but faced cooling momentum in industrial output and retail demand. In Indonesia, Q1 growth reached 4.87% year-on-year, supported by festive consumption, but quarterly contraction and weaker […]
Macroeconomic Monitor April 2025
US Economy : The U.S. economy showed signs of resilience in early 2025, although underlying pressures remain. The Fed maintained its policy rate at 4.25%-4.5% amid concerns that tariff-related inflation may persist longer than initially projected, despite growing downside risks to employment. GDP growth slowed to 2.4% (year-on-year/yoy) in Q4 2024 from 3.1% (yoy) in […]
Macroeconomic Monitor March 2025
US Economy: The US Services PMI dropped to 51.0 in February 2025 from January 2025’s 52.9, above the flash estimate of 49.7 yet below expectations of 53, signalling the slowest growth in services sector since November 2023. The US annual inflation rate eased to 2.8% YoY. While the consumer price index (CPI) has seen a […]
Macroeconomic Monitor February 2025
In January 2025, the U.S. economy showed resilience, with the Manufacturing PMI rising to 51.2, signaling expansion, while the Services PMI declined to 52.9 due to post-holiday normalization. The labor market remained robust as the unemployment rate dropped to 4.0%, with 143,000 new jobs, primarily in healthcare and retail. Inflation increased to 3.0% YoY, driven […]
