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Australia’s Unemployment Rate rises to 4.2% in July vs. 4.1% expected
Australia’s Unemployment Rate rose to 4.2% in July, compared with the expectations and the previous figure of 4.1%, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday.Fxstreet
Aug 15, 2024
Fed's Goolsbee: Rising unemployment may indicate worsening job market
Federal Reserve Bank of Chicago President Austan Goolsbee said on Wednesday that he becomes more worried about the labor market than inflation, citing recent progress on price pressures and weak jobs data, per Bloomberg Key quotes It's important that we not assume that if the labor market were to deteriorate past normal, that we could react and fix that, once it's already broken.Fxstreet
Aug 14, 2024
RBNZ's Orr: Inflation is returning to sustainable target band
Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr addressed a New Zealand Parliament committee early Thursday, stating that the New Zealand central bank is maintaining a suitably-restrictive policy stance and the RBNZ is likely looking at gauging when to enact further cuts.Fxstreet
Aug 14, 2024
