Oil price surge from Middle East war to hit euro area growth
The war in the Middle East has driven a sharp rise in Brent crude oil prices, which the European Central Bank estimates will noticeably weigh on euro area economic activity.
A new Federal Reserve paper introduces a method to compute Sequence-Space Jacobians for heterogeneous-agent overlapping generations (HA-OLG) models orders of magnitude faster.
Federal Reserve economists John Coglianese and Jade A. Fang evaluated the empirical performance of difference-in-differences (DiD) estimators using over 134,000 state-level placebo event studies.
A survey commissioned by the Bank of Russia (CBR) shows that Russian households' inflation expectations declined in June 2026.
The Banque de France's June 2026 Financial Stability Report highlights new risks to the French financial system from the war in Iran.
The war in the Middle East has driven a sharp rise in Brent crude oil prices, which the European Central Bank estimates will noticeably weigh on euro area economic activity.
The European Central Bank's June 2026 Convergence Report assesses five EU Member States – Czech Republic, Hungary, Poland, Romania, and Sweden – on their progress towards adopting the single currency.
Banca d'Italia's 2025 annual report on Abruzzo's economy highlights 0.4 percent growth, driven by construction and services.
A Federal Reserve study finds that positive long-run growth shocks steepen the equity yield curve by increasing expected dividend growth.
A new working paper by Javier Bianchi and Greg Kaplan finds that linear methods substantially overstate the effects of fiscal stimulus in heterogeneous-agent (HA) models.
A new Bank for International Settlements working paper analyzes the macroeconomic impact of stablecoins, finding that widespread adoption modestly reduces long-run output but provides short-term economic benefits.
The Bank for International Settlements' Annual Economic Report 2026 identifies rising public debt, AI investment boom, and stablecoin innovation as key challenges for global financial stability and central banks.