> ## Content Index > Fetch the complete content index at: https://macrosoup.com/llms.txt > Use this file to discover other available public pages before exploring further. # πŸ“° Daily Macro Roundup: 2026-08-24 - URL: https://macrosoup.com/daily-macro-roundup-2026-08-24/ - Published: 2026-08-24T14:20:04.000Z - Updated: 2026-08-24T14:20:04.000Z - Author: Macro Soup Newsroom - Tags: The day in view, The Roundup Good morning, macro enthusiasts. Here's your daily roundup covering the United States, Europe, and key emerging markets. We cut through the noise to deliver the essential facts, key surprises, and meaningful context from each region in one place. ## πŸ‡ΊπŸ‡Έ The Fed is turning hawkish just as the economy is cooling The Chicago Fed's National Activity Index slipped to βˆ’0.08 in July, a below-trend reading, just as Minneapolis Fed's Kashkari turned hawkish and Kevin Warsh drew fresh scrutiny as a possible Powell successor ahead of Jackson Hole. [πŸ‡ΊπŸ‡Έ The Fed is turning hawkish just as the economy is coolingThe Chicago Fed's National Activity Index slipped to βˆ’0.08 in July, a below-trend reading, just as Minneapolis Fed's Kashkari turned hawkish and Kevin Warsh drew fresh scrutiny as a possible Powell successor ahead of Jackson Hole.Macro Soup![](https://pbs.twimg.com/media/HQdK_HbaoAAAWyc.png)](https://macrosoup.com/the-fed-is-turning-hawkish-just-as-the-economy-is-cooling/) ## πŸ‡ͺπŸ‡Ί Eurozone PMIs hit a nine-month high, but Germany's GDP says otherwise Eurozone composite PMI hit a nine-month high of 52.1 in August. German Q2 GDP growth slowed to 0.2% quarter-on-quarter, widening the gap between survey optimism and hard data ahead of the European Central Bank's September meeting. [πŸ‡ͺπŸ‡Ί Eurozone PMIs hit a nine-month high, but Germany's GDP says otherwiseEurozone composite PMI hit a nine-month high of 52.1 in August. German Q2 GDP growth slowed to 0.2% quarter-on-quarter, widening the gap between survey optimism and hard data ahead of the European Central Bank's September meeting.Macro Soup![](https://pbs.twimg.com/media/HQPlP8cWcAAnY_W.png)](https://macrosoup.com/eurozone-pmis-hit-a-nine-month-high-but-germanys-gdp-says-otherwise/) ## πŸ‡¬πŸ‡§ UK's PMI beat hides a fading consumer UK flash PMI rose to 52.5 in August, a four-month high, but retail sales volumes fell 0.5% on the month: a softening consumer beneath firming business surveys. [πŸ‡¬πŸ‡§ UK's PMI beat hides a fading consumerUK flash PMI rose to 52.5 in August, a four-month high, but retail sales volumes fell 0.5% on the month: a softening consumer beneath firming business surveys.Macro Soup![](https://pbs.twimg.com/media/HQPc2T7XsAAmaT5.png)](https://macrosoup.com/uks-pmi-beat-hides-a-fading-consumer/) ## 🌏 Mexico's inflation hit a six-year low, and Banxico is in no hurry to celebrate Mexico's headline consumer prices rose 3.12% year-on-year in July, a six-year low, yet Banxico held its policy rate at 6.50% and pushed its inflation target out to late 2027\. Brazil's central bank cut its benchmark Selic rate to 14.00% despite inflation expectations at 5.0%. [🌏 Mexico's inflation hit a six-year low, and Banxico is in no hurry to celebrateMexico's headline consumer prices rose 3.12% year-on-year in July, a six-year low, yet Banxico held its policy rate at 6.50% and pushed its inflation target out to late 2027\. Brazil's central bank cut its benchmark Selic rate to 14.00% despite inflation expectations at 5.0%.Macro Soup![](https://pbs.twimg.com/media/HQfGdUmW0AAvtqT.jpg)](https://macrosoup.com/mexicos-inflation-hit-a-six-year-low-and-banxico-is-in-no-hurry-to-celebrate/) ## πŸ‡¨πŸ‡³ China's growth stocks take the hit as investors wait on Beijing's next move China's growth stocks led Monday's selloff, with Shenzhen's ChiNext benchmark down 3.21% against a 0.59% dip in the Shanghai Composite. Investors are positioning ahead of this week's National People's Congress Standing Committee session for signs of fresh stimulus. [πŸ‡¨πŸ‡³ China's growth stocks take the hit as investors wait on Beijing's next moveChina's growth stocks led Monday's selloff, with Shenzhen's ChiNext benchmark down 3.21% against a 0.59% dip in the Shanghai Composite. Investors are positioning ahead of this week's National People's Congress Standing Committee session for signs of fresh stimulus.Macro Soup![](https://pbs.twimg.com/media/HQdtQkqbQAAb_uG.jpg)](https://macrosoup.com/chinas-growth-stocks-take-the-hit-as-investors-wait-on-beijings-next-move/) That's your daily macro roundup. For more detailed regional deep dives, check out our weekly editions. If you found this useful, feel free to forward it along. More signal, less noise, as ever. Cheers.