The Fed was wrong about jobs and inflation
After today’s jobs report, which showed unemployment at 3.7%, it’s now clear that the Federal Reserve does not need to create a job-loss recession to bring down the growth rate…
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UK inflation and interest rates high
Image source, Getty ImagesBy Dharshini DavidGlobal trade correspondent, BBC NewsInflation is still higher in the UK than in many other rich nations so interest rates may yet stay higher for…
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Jobs summit: Danielle Wood and others identify childcare and education as job force multipliers
So what have been the costs of this productivity slowdown? Wood described an economy that was “older, fatter and slower”, but she could have also added “dumber”; her statistic that…
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Prawit’s brothers, senator called in maid abuse probe
Accused Kornsasi suspended: police Senator Thani Onlaied and two brothers of the caretaker prime minister, Adm Sitthawat Wongsuwon and Pol Gen Patcharawat Wongsuwon, will be called for questioning in alleged…
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Unions hijacking jobs summit: NSW Premier
Federal Opposition Leader Peter Dutton declined an invitation, but Nationals leader David Littleproud will attend.Agreement is likely to be reached at the two-day summit on increasing immigration, boosting training and…
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Take Five: Next up, it’s U.S. payrolls and euro zone inflation
A pedestrian passes a "Help Wanted" sign in the door of a hardware store in Cambridge, Massachusetts, U.S., July 8, 2022. REUTERS/Brian SnyderRegister now for FREE unlimited access to Reuters.comAug…
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Fed seen revving up inflation war with lively rate hike
Register now for FREE unlimited access to Reuters.comCentral bank lifts policy rate to range of 1.5% to 1.75%Fed cuts growth projection, sees rising unemploymentWASHINGTON, June 15 (Reuters) - The Federal…
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