The Governor has formally released himself from the guideline in 2021 that rates would not rise until the Wage Price Index lifts by 3%. He is now referring to a broader measure of labour costs which have no specific numerical trigger. The tragedy in the Ukraine has added uncertainty and supported the “patience” theme”. As […]
The post RBA Governor Broadens Measure of Wages Growth in Policy Decision Statement appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. From heated blankets to soft sheet sets, there are plenty of Read more…
The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…