Big Four divided on RBA direction as one major bank warns two interest rate hikes still ahead
The RBA is widely expected to hold the cash rate at its June meeting, but the banks can’t…
US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
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…
Jobs report confirms ‘signs of fragility’ in market: Fed official
A recent U.S. employment report has shown “signs of fragility” in the labor market, a senior central bank…
Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
(Corrects paragraph 6 to say further rate cuts not hikes) By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters)…