A cut in January, then a pause: what jobs data means for Bank of Canada and interest rates
“Given the still-elevated unemployment rate and the cooler wage readings, the latest labour market data still leaves the Bank of Canada in a position to cut rates,” Mendes said. He expects the Bank of ...
US Economy Adds 256,000 Payrolls In December, Tight Labor Market Tops Forecasts: Dollar, Treasury Yields Spike
The labor market ended 2024 on a strong note, adding 256,000 jobs in December, exceeding economist forecasts and showcasing ...
Canada added 91,000 jobs in December as unemployment rate fell
Canada added 91,000 jobs in December, shattering economist expectations. The unemployment rate also dropped 0.1 percentage ...
MoneyWeek5h
Gilt yields soar to highest level since 2008: Reeves faces pressure to address Parliament
“The surge in gilt yields could push up annuity rates in the coming weeks,” says Helen Morrissey, head of retirement analysis ...
Investors Chronicle6h
Today's markets: Yields stable but damage is done
Bond yields are more settled this morning, having come down a touch last night after peaking early on Thursday, with the ...
Island15h
Manmohan Singh, economist, and FM and PM of India; Amiya Kumar Bagchi, economist, author and Chancellor, University of Tripura
Usvatte-aratchi Manmohan Singh, a brilliant economist, distinguished public servant, and remarkable Minister of Finance and ...
Liz Truss legal letter orders Keir Starmer to stop saying she crashed UK economy
Cease and desist’ letter accuses British PM of making ‘false and defamatory’ claims on Truss’ disastrous 2022 mini-budget ...