US Jobless Claims Reach Highest Level Since October 2021
According to the US Department of Labor news release in the week ending May 6, the advance figure for seasonally adjusted initial claims was...
Work compensation goes up due to marginal GDP increases and inflation
Compensation costs for civilian workers increased 1.2 percent, seasonally adjusted, for the 3-month period ending in March 2023, the U.S. Bureau of Labor Statistics...
Big economies near reaching labor capacity
At its meeting today, the Board of the Reserve Bank of Australia decided to leave the cash rate target unchanged at 3.60 per cent...
Signs towards cooling inflation on the horizon for some
Per the Australian Bureau of Statistics the monthly CPI indicator rose 6.8% in the twelve months to February. The most significant price rises were...
Interest rates still a hot topic in inflation fight
In the most recent European Central Bank press release the Governing Council today decided to increase the three key ECB interest rates by 50...
Work numbers show slight increase across markets
According to the UK Office for National Statistics monthly real gross domestic product (GDP) is estimated to have grown by 0.3% in January 2023,...
Rising CPI still a problem for economies around the world
According to Statistics Canada the Consumer Price Index (CPI) rose 5.9% year over year in January, following a 6.3% increase in December. Prices for...
Retail keeping pace in spite of underwhelming CPI figures
According to the US Department of Labor, in the week ending February 11, the advance figure for seasonally adjusted initial claims was 194,000, a...
Banks to tightly control borrowing rates even more against inflation
The Federal Open Market Committee decided to raise the target range for the federal funds rate to 4-1/2 to 4-3/4 percent. The Committee anticipates...
Real GDP measures up in the US despite lingering inflation
The Bank of Canada increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at...
