Week Ahead for FX, Bonds: U.S. Inflation Figures in Focus, China Data Due
U.S. inflation figures will mark the key economic data release in the week ahead as investors assess when and whether […]
Economics
Canada Unemployment Rate Slips to 6.5% in June
Employers in the country added 18,200 jobs last month, continuing to roll back the sharp drop in job numbers early
Cleaning New York City’s subway is no path to riches and can be grueling work. Yet, openings are rare and applicants can wait years to land a coveted job that offers stability and good benefits.
Openings come up infrequently for a job cleaning the subway, a sometimes tough gig that comes with good medical care
Economics
The Fed’s New Task Forces
Yesterday, the Federal Reserve announced a group of task forces to review the central bank’s framework for conducting monetary policy. Along
The Federal Reserve named more than a dozen external advisers to lead five task forces that will re-examine how the central bank operates
The external advisers will lead five task forces that will re-examine how the central bank operates. Source link
Fed’s Williams Says Inflation Still Too High, Expects Retreat in Energy Prices
New York Federal Reserve President John Williams noted that policy would have to respond if inflation ends up being more
ECB Officials Couldn’t Look Through Energy Shock in June
Higher energy prices were expected to push inflation above the ECB’s 2% target over the medium term. Source link
German Exports Rise, Shrugging off Iran War Concerns
The 0.9% increase was driven by U.S. trade, as manufacturers proved relatively resilient to uncertainty prompted by the Iran war.
Malaysia Central Bank Remains on Hold as Mideast Tensions Rekindle
Bank Negara Malaysia left its overnight policy rate at 2.75%, extending a pause stretching back to July last year. Source
China’s Factory-Gate Inflation Accelerates
China’s PPI accelerated in June to match market expectations, picking up speed for a fourth straight month while consumer price