Australia Raises National Minimum Wage 5.75%, Currency Declines
Australia’s industrial relations umpire raised the national minimum wage by 5.75% from July 1 in an effort to
2023-06-02 09:25
Economists See More Chance of Near-Term BOJ Change Than Markets
Economists appear to see a greater possibility of the Bank of Japan adjusting policy in the near-term than
2023-06-02 07:47
Brazil’s Economic Growth Bounces Back Under Lula and Defies High Interest Rates
Brazil’s economy roared back in the first months of 2023, lifted by bumper harvests that outweighed the drag
2023-06-01 23:23
Euro-Area Core Inflation Eases But Won’t Stop ECB Raising Rates
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:20
Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in
2023-06-01 16:59
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:19
China Factory Activity Expands Moderately, Caixin Survey Shows
China’s manufacturing activity expanded slightly in May, a private survey showed, a surprise improvement that contradicted official data
2023-06-01 10:19
Cash Will Buoy Childrearing Generation, Japan Minister Says
Expanding government handouts will encourage the child-rearing generation, many of whom say they can’t afford to start a
2023-06-01 09:56
Banxico to Keep 11.25% Rate for at Least Next Two Meetings
Mexico’s central bank will hold interest rates at a record-high for at least the next two meetings before
2023-06-01 06:58
Fed Signal for Rate Pause Takes Pressure Off Hot Jobs Report
Federal Reserve officials are signaling they plan to keep interest rates steady in June while retaining the option
2023-06-01 06:28
Fed’s Bowman Says Real Estate Rebound Hurts Inflation Fight
Federal Reserve Governor Michelle Bowman said rebounding home prices could impact the US central bank’s work to lower
2023-06-01 00:48
German Inflation Slows Significantly as ECB Hikes Near End
Germany joined its major euro-zone peers in reporting a steep slowdown in inflation — underscoring arguments by some
2023-05-31 21:23