🇺🇸 Empire State slumps to 5.7 as stagflationary data hands Warsh the perfect case for silence
📰 Daily Macro Roundup: 2026-06-12
🇨🇳 China's PPI surge is the wrong kind of reflation for a demand-starved economy
🌏 Bank Indonesia fires an off-cycle hike as the rupiah hits a record low
🇬🇧 UK April GDP contracts as gilt markets push back on the BoE's terminal rate story
🇪🇺 Lagarde rejects 'insurance hike' and writes stagflation into the ECB's official baseline
🇺🇸 Soft core CPI gave markets what they wanted. The PPI pipeline will take it back.
📰 Daily Macro Roundup: 2026-06-11
🇨🇳 China's PPI at a near four-year high while the consumer economy goes the other way
🌏 Seven weeks after Hormuz, Thursday's CPI prints put EM easing cycles to the test