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Showing 121 - 130 of 1568 results for "Labour"

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... ECB's Governing Council said. Domestic inflation, however, remains high as Europeans' wages are rising at an elevated pace. Labour cost pressures on the other hand are moderating, while profits are partially buffering the impact of higher wages on inflation. ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... board is trying to bring inflation back to target in a reasonable timeframe while preserving as many of the gains in the labour market that we have seen in the past few years as possible. This is the so-called narrow path," she said. "I have noted on ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... annual rise in new dwelling prices has remained around 5% since August 2023, with builders passing on higher costs for labour and materials. The lower increase in housing for the year to July was primarily due to falls in prices for electricity. Electricity ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... outlook, and the balance of risks," Powell said. However, Powell did acknowledge that while inflation risks have subsided, labour market risks have grown, and he noted the "unmistakeable" cooling in labour market conditions. Principal Asset management ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... Australian Bureau of Statistics (ABS). The small uptick in unemployment is good news for those hoping for a rate cut. A strong labour force could result in higher-for-longer inflation. "It's a tough pill to swallow, but the reality is that an unemployment ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... for four consecutive quarters and is now at the lowest pace since December 2021. This is unsurprising given less tight labour market conditions, which points to further downside in public wages growth in the next year," Bui said. The minimum wage has ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... while we had been expecting a drawdown in equity markets in Q3 and a decent rally in bonds, this was expedited by the US labour market triggering the Sahm rule and a poor ISM report," Toohey said. "While it's hard to argue too much that the risk of recession ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... caused rental prices to go up 2% for the quarter, following a 2.1% rise in the March 2024 quarter," Marquardt said. Higher labour and material costs drove the 1.1% rise this quarter for construction of new dwellings. The increase follows a 1.1% rise ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... in May. "I thought tightening [monetary policy] was unlikely because weakness and activity growth would lead to a weaker labour market and that would allow a more confident projection of inflation toward target. "The first part of that will likely come ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... markets Russel Chesler said it wasn't the "hail Mary pass" the Reserve Bank of Australia (RBA) would be hoping for. " The labour market remains too strong for inflation to fall. With unemployment so low, it is really difficult to see how inflation is ...