Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
US inflation comes in higher than forecast as Fed mulls Trump tariff threat
Hopes for further Federal Reserve interest rate cuts were dealt a blow on Wednesday after data showed US inflation rose by more than economists expected in January.
ASX to rise; Chemist Warehouse debuts with shares higher
Shares to rise; Santos well kickstarts output; Pro Medicus’ bumper profit; Ex-REA chief to run Domain; gas profit boosts Origin; US CPI higher than forecast.
What to expect in Friday’s jobs report
But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come. That’s just the nature of data collection, statistics and research: ...
US economy added 143,000 jobs in January, below expectations
The U.S. economy added jobs at a slower pace than expected in January, as the Federal Reserve remains in a holding pattern ...
FTSE 100 closes higher, Wall Street slides as rising US inflation spooks markets
US economists are looking for monthly headline CPI at 0.31%, which would keep the year-on-year rate at 2.9%. Core CPI is ...
Jobs Disappoint, But New Administration Appears To Be Agent Of Change
The Bureau of Labor Statistics reported 143,000 new jobs in January, below the consensus estimate of 175,000. Click for more ...
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When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The Federal ... Reserve’s 2 Percent Target Rate of Inflation, Council on Foreign Relations. Accessed April 29, 2024. Employment Situation Summary, U.S. Bureau of Labor Statistics. Accessed ...
US weekly jobless claims edge up; worker productivity growth slows
The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with ...
ASX misses record high, $A up; lithium miners dive; Domino’s up 21pc
Shares end the week flat; CBA hits peak; lithium stocks hit as CATL reopens mine; $A creeps higher; Dominos rockets, shutters 205 stores; Nick Scali up 10pc.
Monetary policy: Surely, a rate cut could’ve waited for some clarity to emerge
Given the fog beyond our borders, prudence and the evolving situation made a compelling case for RBI’s Monetary Policy ...