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Showing 1 - 10 of 108 results for "US unemployment"

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
In the battle against inflation, the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) took different approaches. Now that inflation has cooled, HSBC chief economist Paul Bloxham has examined which approach was better. "At the end ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... economy away from the brink of recession." Markets were thrown into chaos just last month after higher-than-expected US unemployment numbers suggested a recession may be on the horizon, with many believing the US central bank will need to cut rates. ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... were rocked at the start of this week over fears of a potential US recession after a higher-than-expected jump in US unemployment figures. But Yarra Capital head of macro and strategy Tim Toohey said while the risk of a recession in the US has risen ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... experienced such a vicious two-day sell-off." Ho said Australian traders were spooked by the unexpected jump in the US unemployment rate to 4.3% - a near three-year high. "That triggered the Sahm rule, which holds that a recession is likely underway ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... unemployment rate rises by 0.5% or more from its lowest point in the past year has flashed red. Although, the national US unemployment rate has risen by 0.3%, 21 US states have triggered the 0.5% threshold, which has never happened before without a recession ...

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... low. I can remember when man walked on the moon, and that was the last time (until the last year or two) that the US unemployment rate was at 3.5%. So there's an expectation that if we avoid recession, the Fed can thread the needle." He continued ...

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
... time since 2018. Effective from March 17, the US Federal Reserve increased interest rates by 0.25% to 0.40%. The US unemployment rate is reportedly hovering at around 3.8% and inflation is 7.9%. "The least interesting thing about today's rate hike, was ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... figures for the previous two months were revised upwards by a total of 119K - 31K in May and 88K in June. The US unemployment rate dropped from 5.9% in June to 5.4% in July - better than market expectations for a decline to 5.7%. This is the lowest level ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... vaccinate every adult (18 and older) in the country by July 4" - just in time for Independence Day. While the US unemployment rate -- at 6.2% in February - remained well-above pre-pandemic levels - 3.5% in February 2020 and 4.4% in March 2020 - the Conference ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... measures - no matter how inflation is measured - remain below the Fed's 2.0% inflation target. In addition, the US unemployment rate which stood at 6.3% as at January 2021 remains far above the 50-year low 3.5% before covid-19, not enough to put ...
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