Australia's unemployment rate remains steady in August at 4.2 per cent
Australia's national unemployment rate remained steady in August at 4.2 per cent. The number of employed people grew by 47,500, and the number of unemployed people declined by 10,500, in seasonally adjusted terms.
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.
Eurozone Inflation Confirmed At 2.2%
Eurozone inflation slowed in August, as initially estimated, revised data from Eurostat showed on Wednesday. The harmonized index
UK inflation holds at 2.2% but services prices keep BoE on alert
British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets that the central bank will keep interest rates on hold on Thursday.
Odds of UK interest rate cut this week fall after inflation sticks at 2.2% – business live
UK inflation rate remained unchanged last month, as air fares rose and petrol prices dropped, but underlying inflation has risen
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
Inflation in the U.K. held steady at an annual rate of 2.2% in August, with higher air fares offset by lower fuel costs and restaurant and hotel bills, official figures showed Wednesday. The latest reading from the Office of National Statistics means inflation remains just above the Bank of England's target of 2%.
UK inflation unchanged at 2.2% in August
British inflation stood at an annual rate of 2.2% in August, unchanged from July, official figures showed on Wednesday. A Reuters poll of economists had forecast annual consumer price inflation would remain at 2.
UK inflation holds steady at 2.2% in August
Simply sign up to the UK inflation myFT Digest -- delivered directly to your inbox. UK inflation held steady at 2.2 per cent in August, leaving the door open for the Bank of England to cut interest rates again this year.
Why is the US cutting interest rates? What does it mean for Australia?
The US Federal Reserve has cut interest rates overnight in an important move for the global economy. As lots of traders expected, the Fed cut interest rates by half a percentage point, saying it was ...
Australia business conditions hit 2-1/2-yr lows in August as job outlook worsens
Australian business conditions fell to the lowest in 2-1/2 years in August with the outlook for jobs taking a hit, a survey ...
Australia reacts as US Federal Reserve slashes interest rates
Australia’s interest rate path and the outlook for its economy has entered a new zone of uncertainty after the US Federal ...
RBA Flags Jobs Challenge If Inflation Stays Above Target
Australia’s central bank will struggle to maintain low unemployment if inflation stays above its target level “indefinitely,” ...
Australia central bank governor reiterates rate cuts are premature
Australia's top central banker reiterated on Thursday that it was premature to contemplate near-term rate cuts as inflation ...
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Australia: Vote “no” to union-Labor sellout of Victorian nurses
Lumping what amounts to reparations in with an annual pay rise, ostensibly meant to cover inflation and provide a gradual ...
How Australia's Central Bank Became a Political Football
Central bankers strive to be above politics and tend to be wary of legislative changes to their role. Politicians, by ...
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Financials drag Australia's shares down; US inflation data is in focus
Australian shares finished marginally lower on Tuesday, as losses among financial stocks outweighed gains by miners. Investors ...
Australia's Aug unemployment rate remains unchanged at 4.2%; employment rate doubles forecast
Australia's unemployment rate remained unchanged at 4.2%, in line with forecasts and, unchanged from July’s 2.5-year high.
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South Africa: Cautious optimism as Reserve Bank is expected to cut rates due to inflation decline
Forecast interest rate cuts will be cut for the first time in South Africa in four years, and some analysts are hoping this ...