The outlook is still highly uncertain. The full effect of policy tightening on household consumption is uncertain. The longer it takes to return inflation to target, the greater the erosion of the purchasing power of Australian households, and the greater the risk that inflation and wage expectatio...
TICKERCOMPANYNAMEPRICECHANGE%CHANGE .N225 Nikkei 225 Index*NIKKEI39809.322760.7 .HSI Hang Seng Index*HSI20402.15-24.78-0.12 .AXJO S&P/ASX 200*ASX 2008240.1-26.1-0.32 .SSEC Shanghai*SHANGHAI3482.912.840.37 .KS11 KOSPI Index*KOSPI2522.25-9.41-0.37 ...
Business activity in Hong Kong’s private sectorexpanded at a slower pace in April, according to S&P Global. The purchasing managers’ index for the city slipped to 50.6 from March’s 50.9. Jingyi Pan, Economics Associate Director at S&P Global Market Intelligence, said the reading signaled anot...
U.S. workers could ring up wage gains of 4% or more without rattling price stability while inflation may moderate as recent surges in oil and goods prices fade, the Minneapolis Fed's assistant director of the research division and adviser to President Neel Kashkari told MNI - on MNI Policy ...
We can safely conclude that without said circuit breaker, already-anemic national wage growth will slow further and national unemployment will rise. As Figure 1. shows, the April employment index dropped from 6 in March to -1 in April. Given the points above, this should not come as a surp...