Australia’s world-beating jobs market to keep interest rates high

Combined with record rates of workforce participation, the data cemented economists’ expectations the RBA will leave the cash rate unchanged for the rest of the year. Read More

Australian Inflation Rate: CPI Falls To 2.7%

This compares with a 3.5% rise in CPI in July. It was good news ... Australia Economist Devika Shivadekar, meanwhile, says the economy is “moving in the right direction”. “The unemployment ... Read More

Interest Rate News: Cut Before Christmas ‘Unlikely’

The unemployment rate, meanwhile, was steady at 4.1%, but the strong rise in employment saw ... be an additional headwind for the global economy. “The Australian banking system is strong ... Read More

China Economy Grows by 4.6% in Q3 2024 as Markets Clamor for More Stimulus

China’s economy slows to 4.6% growth in Q3 2024, with retail sales and industrial output offering signs of recovery ahead of Q4. Read More

What Is the Unemployment Rate?

She has worked in multiple cities covering breaking news ... The unemployment rate has an inverse relationship with the stock market and inflation, two key metrics for the overall economy. Read More

We finally got a rate cut. Here’s what history says will happen next

the unemployment rate was at least a percentage point higher a year after the Fed cut rates. The Fed is currently playing risk manager. As it looks to keep the economy in good standing ... Read More

Minneapolis Fed President Neel Kashkari gives economy "A" grade, expects more interest rate cuts by end of year

MINNEAPOLIS — Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, gives the state of the economy right now high marks and expects ... shows the unemployment rate has increased ... Read More

Employers added 254,000 jobs in September, reflecting strong gains as election nears

The impressive gains are welcome news for the Biden-Harris administration, which has spent months defending its record on the economy ... after a recent rise. The unemployment rate for Hispanic ... Read More

September jobs report shows 254,000 increase in hiring and lower 4.1% unemployment rate

The economy created a robust 254,000 new jobs ... stronger than previously reported in August and September. The unemployment rate, meanwhile, slipped to 4.1% from 4.2% and also suggested the ... Read More

US jobs report crushes expectations as economy adds 254,000 jobs, unemployment rate falls to 4.1%

Meanwhile, the unemployment ... report was "undeniably good news" for the equity market. "At the end of the day, the Fed is still cutting policy rates even as the economy grows," Dutta wrote. Read More

US economy added a whopping 254,000 jobs last month

The US economy added 254,000 jobs last month and the unemployment ... Fed slashed rates by half a point last month, the central bank’s leader, Jerome Powell, said in a news conference ... Read More

Don't Expect a Return to the Trump Economy (opinion)

There's no denying that the Trump-era economy prior to COVID-19 was good. Low unemployment ... More bad news is Trump's just-announced wish to cap interest rates on credit card debt. Read More