The number of Americans filing for unemployment benefits rose more than expected last week, hitting their highest level in five months, but the underlying trend remained consistent with a strengthening labor market.
In the week ending November 26, the advance figure for seasonally adjusted initial claims was 268,000, an increase of 17,000 from the previous week’s unrevised level of 251,000.…
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The number of Americans filing for unemployment benefits rose more than expected last week, hitting their highest level in five months, but the underlying trend remained consistent with a strengthening labor market.
In the week ending November 26, the advance figure for seasonally adjusted initial claims was 268,000, an increase of 17,000 from the previous week’s unrevised level of 251,000.…
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The labor market continues to recover robustly despite a variety of negative shocks and now verges on full employment, Federal Reserve Vice Chairman Stanley Fischer said on Friday, just hours after the October jobs report showed the U.S. economy added 161,000 payroll jobs in the month.…
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The labor market continues to recover robustly despite a variety of negative shocks and now verges on full employment, Federal Reserve Vice Chairman Stanley Fischer said on Friday, just hours after the October jobs report showed the U.S. economy added 161,000 payroll jobs in the month.…
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The Reserve Bank of Australia (RBA) left interest rates unchanged at 1.5% at its November monetary policy meeting, a decision that was widely expected by financial markets and the vast majority of economists.
“The Bank’s forecasts for output growth and inflation are little changed from those of three months ago.…
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The Reserve Bank of Australia (RBA) left interest rates unchanged at 1.5% at its November monetary policy meeting, a decision that was widely expected by financial markets and the vast majority of economists.
“The Bank’s forecasts for output growth and inflation are little changed from those of three months ago.…
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The Federal Reserve may need to keep interest rates lower for longer to convince investors and the public that the central bank is serious about reaching its 2-percent inflation target, Chicago Federal Reserve Bank President Charles Evans suggested on Monday that, with inflation running very low both in the United States and globally, the Fed needs to show its commitment to achieving its inflation goal “sustainably, symmetrically, and sooner rather than later,” Evans said in slides prepared for a speech in Chicago.…
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The Federal Reserve may need to keep interest rates lower for longer to convince investors and the public that the central bank is serious about reaching its 2-percent inflation target, Chicago Federal Reserve Bank President Charles Evans suggested on Monday that, with inflation running very low both in the United States and globally, the Fed needs to show its commitment to achieving its inflation goal “sustainably, symmetrically, and sooner rather than later,” Evans said in slides prepared for a speech in Chicago.…
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Patrick Harker, the Federal Reserve Bank of Philadelphia President implied that the uncertainty being spurred by the US presidential election might be a significant reason to further delay a rates hike until the November ballot.
“What I’m worried about is, depending on the outcome of the election and what happens after that, if there are policies that would have distortive effects that we would have to respond to,” he said to reporters on Thursday after giving a speech in Philadelphia.…
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Patrick Harker, the Federal Reserve Bank of Philadelphia President implied that the uncertainty being spurred by the US presidential election might be a significant reason to further delay a rates hike until the November ballot.
“What I’m worried about is, depending on the outcome of the election and what happens after that, if there are policies that would have distortive effects that we would have to respond to,” he said to reporters on Thursday after giving a speech in Philadelphia.…
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The Atlanta Fed President Lockhart said in a speech today that he was in support of the majority view that it is important to examine a bit more data that showed progress in the direction of the Fed’s statutory policy objectives of steady inflation and maximum employment before making moves to raise interest rates.…
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The Atlanta Fed President Lockhart said in a speech today that he was in support of the majority view that it is important to examine a bit more data that showed progress in the direction of the Fed’s statutory policy objectives of steady inflation and maximum employment before making moves to raise interest rates.…
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Officials of the Reserve Bank of Australia (RBA) have decided against employing further easing bias at their meeting this month, a strong hint that interest rates will maintain their current value further into the future.
“Taking into account the recent data, and having eased monetary policy at its May and August meetings, the Board judged that the current stance of monetary policy was consistent with sustainable growth in the Australian economy and achieving the inflation target over time,” the minutes of the September 6 policy meeting showed Tuesday.…
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Officials of the Reserve Bank of Australia (RBA) have decided against employing further easing bias at their meeting this month, a strong hint that interest rates will maintain their current value further into the future.
“Taking into account the recent data, and having eased monetary policy at its May and August meetings, the Board judged that the current stance of monetary policy was consistent with sustainable growth in the Australian economy and achieving the inflation target over time,” the minutes of the September 6 policy meeting showed Tuesday.…
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By Thursday next week investors will know the result of the monetary policy meetings of the Federal Reserve and the Bank of Japan. The decision of both banks are to be made public on the 21st of September, providing a quick succession of high risk events that could lead to elevated market volatility.…
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By Thursday next week investors will know the result of the monetary policy meetings of the Federal Reserve and the Bank of Japan. The decision of both banks are to be made public on the 21st of September, providing a quick succession of high risk events that could lead to elevated market volatility.…
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US inflation data released today showed a slowing in July for the rate of inflation in the US economy, this is a further sign of the favourable price pressures that has weakened the need for an interest rates policy change from the Federal Reserves.…
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US inflation data released today showed a slowing in July for the rate of inflation in the US economy, this is a further sign of the favourable price pressures that has weakened the need for an interest rates policy change from the Federal Reserves.…
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Australian corporate bonds are losing out to their U.S. counterparts for the first time in six years, as the South Pacific nation wrestles with the aftermath of a mining bonanza. Lenders and Resource companies fell behind as a gauge of corporate notes Down Under returned 4.2%this year, trailing an 8.8% rally in U.S.…
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Australian corporate bonds are losing out to their U.S. counterparts for the first time in six years, as the South Pacific nation wrestles with the aftermath of a mining bonanza. Lenders and Resource companies fell behind as a gauge of corporate notes Down Under returned 4.2%this year, trailing an 8.8% rally in U.S.…
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