Additionally, the unemployment rate held steady at 5%, in line with expectations. In November 2023, the surveyed unemployment rate was also 5%. In a statement released after the release of ...
Jamie Dimon, head of America’s largest bank, JPMorgan Chase — and commonly referred to as the ‘president of Wall Street’ — ...
Retail sales in China unexpectedly weakened in November, up by 3% y/y after the strongest growth in 8 months of 4.8% in ...
The Fed hiked the federal funds rate (overnight interest rates) to a two-decade high of 5.33% between Mar. 2022 and Aug. 2023 ...
Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put ...
Alternet on MSN2d
'Tremendous uncertainty': Economists say new tariffs could lead to double-digit unemploymentThe U.S. economy is currently healthy by all measurable metrics including unemployment rate, inflation rate, consumer ...
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and ...
Fiscal excess and monetary complacency are incompatible; the Fed's rate cuts amid persistent inflation defy logic and risk ...
Joblessness among the youth in Chinese cities eased for a third straight month in November after reaching its highest this ...
EUR/USD consolidates daily recovery gains near 1.0400 following the release of upbeat United States data. Q3 GDP was upwardly revised to 3.1% from 2.8% previously, while weekly unemployment claims ...
Livewire Markets on MSN2d
Why we still think the Australian economy can pull off a soft landingWe expect better outcomes for fixed income markets in 2025 than in recent times now that the extreme rate tightening is past, ...
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