underlying

Australian Bureau of Statistics data showed that Australia's seasonally adjusted unemployment rate rose from 4.1% to 4.2% in July. This is the highest level since February 2022! However, the components of the report actually point to a…

Australia's seasonally adjusted unemployment rate rose to 4.1% from 4.0% in June, Australian Bureau of Statistics data showed.However, the details of the report mostly pointed to a strengthening labor market during the month: labor…

Breadcrumb linksPMN worksThe Fed's first measure of inflation is poised to show some modest relief from stubborn price pressures, bolstering central bankers' wisdom about the timing of interest rate cuts.Article writer:Bloomberg…

Easy financial conditions will be maintained for the time beingThe behavior of monetary policy from now on will depend on the state of the economy and prices at that timeWe will not judge politics based on one indicatorThe economic outlook…

Publicly traded companies need to avoid “AI washing” when talking to investors about their use of the technology, according to the head of the US Securities and Exchange Commission.  SEC Chair Gary Gensler said Tuesday that companies…

© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Herbert Lash and Iain Withers NEW YORK/LONDON…

Olli Rehn is the Governor of the Central Bank of Finland and, as such, sits on the Governing Council of the European Central Bank.From a press release issued Tuesday:"The rise in consumer prices in the euro area is slowing, but not as…