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Showing 1 - 10 of 50 results for "US Bureau"

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... inflation ticked up in July to 3.2%, several indicators find that soaring prices are finally moderating. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.2% in July on a seasonally adjusted basis year on year. On ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
Assistant treasurer and minister for financial services Stephen Jones has told the Association of Financial Advisers' THRIVE Conference that now is the time for change in the advice sector. Appearing via video link on the opening day of the conference ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
The US Bureau of Labor Statistics has reported that inflation has surged 9.1% over the last year, shooting up a torrid 1.3% in June alone. While inflation has surged to its highest level in 41 years, US president Joe Biden said the CPI data doesn't ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... 1.55%; and the US dollar index was little changed to 93.20 from 93.16. Not even when on the same day of the release, the US Bureau of Labor Statistics reported that remains on the up and up. The annual headline inflation rate increased to a 13-year high ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... from 1.3%. The advance estimate of US GDP growth and the Fed's July FOMC meeting took centre stage last week. The US Bureau of Economic Analysis (BEA) reported that the country's GDP growth increased at an annualised rate of 6.5% in the second ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... indicators the Fed watches in determining its next policy move only a month apart? Wall Street rallied last month when the US Bureau of Labor Statistics (BLS) reported that the US economy added 266,000 jobs in April, well-below market expectations for ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... the US Federal Reserve would reduce its policy accommodation in the very near future. The day was June 4 - the day the US Bureau of Labor Statistics (BLS) reported that the economy generated only 559,000 jobs in May, missing consensus expectations for ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... Inflation was the "word" over the week that was. Concerns over US inflation eased somewhat at the start of last week after US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... might start withdrawing policy accommodation sooner than its peddling, sparked by resurgent concerns over inflation. The US Bureau of Labor Statistics (BLS) reported that headline inflation rose by 0.8% over the month of April - the biggest increase ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well-below ...
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