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Showing 71 - 80 of 829 results for "Labour Market"

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Significant growth of the superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... cuts," State Street Global Advisors APAC economist Krishna Bhimavarapu said. "The focus from here will remain on the labour market, so unless there is an upside surprise in the unemployment rate on October 17, there is little chance for an RBA pivot. ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... rates. "The improbable circumstance of a rate reduction this year would seem to hinge on a rapid deterioration in the labour market," Miller said. "The RBA too has a dual mandate but at this stage is faced with relatively "stickier" inflation and arguably ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... the decision to take the more aggressive approach "reflects a view that the inflation risks have diminished while labour market conditions are at some risk of deterioration." "The increasing focus on the labour market side of the Fed's dual mandate comes ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... unfolding. AMP deputy chief economist Diana Mousina said some people believe the Fed is behind the curve and that the labour market will weaken further. They posit that a 50-basis point rate cut now could prevent the need for a larger cut right before ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... and investment. Exports should also continue contributing to the recovery as global demand rises." The Eurozone's labour market remains resilient, with the unemployment rate broadly unchanged in July at 6.4%. Amundi Investment Institute head of developed ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... 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 a number ...

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

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... 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 chief global ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... 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 increased ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... 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 ...