wages

US non-farm sector loses 33K jobs in September

6 Oct 2017 03:00 PM |

The data released today showed that US non-farm payrolls lost 33 K jobs in September, against expectations of adding 90K jobs. August data was revised up from 156 to 169K jobs.

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  Mester: further gradual rates hike will be needed

  7 Sep 2017 06:47 PM |

  Loretta Mester, Chairman of Federal Reserve in Cleveland, said:

  • A further gradual rates hike will be needed.
  • Better to begin trim balance sheet in near term.

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  RBA maintains its policy unchanged

  5 Sep 2017 11:52 AM |

  The Reserve Bank of Australia kept its policy unchanged at its last meeting, in line with most market expectations. The MPC members voted in favor of keeping interest rates unchanged at 1.5% historically low since the August 2016 meeting.

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