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Showing 71 - 80 of 824 results for "Labour market"

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 ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... "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 to pass ...

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

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... 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 going to ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The US Federal Reserve (Fed) has indicated that a cooling labour market has alleviated inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... evidence was there that inflation could return to target in a reasonable timeframe, while holding onto the gains in the labour market."

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... attention to developments in the global economy, trends in domestic demand, and the outlook for inflation and the labour market. "The board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that ...