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Showing 391 - 400 of 868 results for "wages"

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... the appreciating US dollar that's preventing even higher inflation. However, the same "modest to moderate" increase in wages is negatively impacting "real wages" - wage growth less inflation. Real wages fell by 0.2% in June - annual growth in average ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... However, the latest data suggest that economic growth in the second quarter was considerably stronger than in the first." On wages and inflation he said: "wages are growing a little faster than they did a few years ago" and "core inflation was 2.0 percent ...

Chief executive pay cheques get fatter

KANIKA SOOD  |  TUESDAY, 17 JUL 2018
... the UK might be required to give shareholders a greater say. "At a time when public trust in business is at a low ebb and wages growth is weak, board decisions to pay large bonuses just for hitting budget targets rather than exceptional performance ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
... we're hearing from employers really is that they can't find workers, and you're wondering, well, why aren't wages going up faster?" These were the words of US Federal Reserve Chairman Jerome Powell in his interview with Kai Ryssdal - ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
... funds rate was around 5%-5.25% the last time the US labour market was this good. The difference in the current cycle is that wages growth is nearly half they were pre-GFC. The strong wages growth at the time (and accompanying rise in inflation) prompted ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... report - non-farm payrolls increased by a much higher than expected 213,000 in June - without a corresponding increase in wages - average hourly earnings grew by a less than expected 2.7% - suggesting a less aggressive Fed. Still another is that many ...

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
... participation. The vacancy rate is high and other forward-looking indicators continue to point to solid growth in employment" but "wages remain low" and is "likely to continue for a while yet, although the stronger economy should see some lift in wages ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... property prices (at the time), the Australian central bank would have already cut rates mainly due to the stagnation in wages growth which is a negative for both inflation and growth. RBA Governor Philip Lowe's statement at the central bankers' ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
... expressed optimism one month before deciding to reduce borrowing costs. More importantly, in spite of growth, unemployment and wages and inflation more or less relatively closer (even above) its long-term targets. Financial Standard had been already ...

Chief economist update: Another five minutes of sunshine?

BENJAMIN ONG  |  THURSDAY, 7 JUN 2018
... households were spending only on essentials. With household disposable income down to 2.8% in March from 2.9% in December (and wages stagnant), they are dipping into their savings to buy these essentials - the household savings ratio declined to 2.1% ...