Commonwealth Bank, Westpac, NAB, ANZ reveal RBA interest rate prediction following ‘weak’ jobs data
The RBA will announce its cash rate decision on September 30, with banks expecting it will be a…
Australia employment unexpectedly falls in August, jobless rate steady
SYDNEY (Reuters) – Australian employment unexpectedly fell in August as full-time positions dropped back after a sharp rise…
US Fed makes first rate cut of 2025 on employment risks
Economists expect to see growing divisions among the Federal Reserve’s rate-setting committee this week (Andrew Harnik) The US…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
US Consumer Sentiment Falls to Lowest Since May on Job Worries
US consumer sentiment fell in September to the lowest since May and long-term inflation expectations rose for the…
Hong Kong ‘to tighten controls on employers seeking to import labour’
Hong Kong authorities are set to tighten controls on employers seeking to import labour under a scheme following…
Job market revisions keep adding pressure on Fed to cut rates
WASHINGTON (TNND) — More revisions to federal data are revealing the labor market was on weaker footing than…
Sorry Jerome, weakening economic data is ‘exactly what markets needed’, says Wharton professor
Weaker labor data has boosted expectations of Fed rate cuts, with Wharton’s Jeremy Siegel predicting three reductions this…
Canada’s economy lost 66K jobs in August, adding to BoC pressure to ‘stem the bleeding in the economy’
Employment fell for both core-aged men and women in August, with steeper declines for men. (Photo by J.…
Unemployment Worsened In August. Here’s What To Know.
Topline The labor market appeared to degrade further in August, according to Bureau of Labor Statistics data released…
Canada’s economy lost 66K jobs in August, adding to BoC pressure to ‘stem the bleeding in the economy’
Employment fell for both core-aged men and women in August, with steeper declines for men. (Photo by J.…
US economy adds 22,000 jobs, unemployment rate hits 4.3% in August as labor market continues dramatic slowdown
The US labor market continued its dramatic summer slowdown in August. The August jobs report released Friday by…