For the first time in months, the most influential force in global finance is not the Federal Reserve, inflation, or even rate-cut speculation — it’s silence.

The countdown to the Federal Reserve’s final policy meeting of the year has exposed an unusually sharp divide within the institution.

For decades, China’s economic rhythm has been predictable: build more, invest more, grow more. That formula is now suddenly malfunctioning, and even Beijing’s closest watchers can’t pinpoint the cause.

The next major shift in U.S. trade policy isn’t starting in boardrooms or oil markets. It’s starting in shopping carts.

Spain’s central bank is warning that the country is entering a delicate fiscal phase, despite enjoying one of the strongest economic expansions in the euro area.

The U.S. economy may lose an entire month of official data. With the government shutdown dragging on, White House Press Secretary Karoline Leavitt said Wednesday that the October employment and consumer price index (CPI) reports are unlikely to ever be released, leaving policymakers and markets without two of the most important economic indicators.

Something remarkable is unfolding on the European stage — a quiet shift that could redraw the map of influence across the continent.

Germany’s long stretch of loose fiscal policy may soon meet its deadline. The Bundesbank has urged the government to phase out its emergency borrowing flexibility starting in 2029, arguing that the country’s finances need a structural reset to meet European rules and preserve long-term stability.

Hints of a policy shift are emerging from the Federal Reserve as Stephen Miran signaled that the central bank may be preparing to ease rates before the year is over.

A wave of optimism swept through global crypto markets on Tuesday as traders positioned for what many now believe is the final act in the United States’ record-long government shutdown drama.