BoJ Governor Kazuo Ueda told parliament today that Yen weakness is increasingly feeding into domestic inflation. He noted that as companies have become “more active in raising prices and wages,” the pass-through from higher import costs Read more…
Japan’s October CPI data showed inflation firming again, with core CPI (ex-fresh food) rising to 3.0% yoy from 2.9%, matching expectations and marking the second month of renewed acceleration. The measure has now stayed above Read more…
Japan’s November flash PMIs offered a cautiously constructive signal for the economy, with the Composite Index rising from 51.5 to 52.0 — the best reading in three months and joint-highest since August 2024. Manufacturing activity Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Black Friday is just around the Read more…
Australia’s November flash PMIs delivered a surprisingly upbeat signal, with manufacturing jumping back into expansion at 51.6 after October’s soft 49.7. Services PMI also nudged higher from 52.5 to 52.7, lifting Composite Index from 52.1 Read more…
New Zealand’s October trade report showed exports and imports both rising solidly from a year earlier, yet leaving the country with a monthly deficit of NZD -1.5B. Goods exports climbed 16% yoy to NZD 6.5B, Read more…
Philadelphia Fed President Anna Paulson said overnight that she is approaching the December FOMC “cautiously,” highlighting a delicate balance between a cooling but still-stable labor market and inflation that remains above target. The delayed September Read more…
Chicago Fed President Austan Goolsbee struck a cautious tone overnight, warning that the central bank itself risks “front-loading too many rate cuts” before it has enough information to judge whether inflation is truly easing again. Read more…
Key insights from the week that was. It was a relatively quiet week in Australia, the only notable data release being the Q3 Wage Price Index. It printed in line with RBA and market expectations, Read more…
No, AI probably won’t take your (whole) job, but the future workforce will look different. Fortunately, the labour force is already shifting in mostly the right direction. Policy and social changes are nonetheless needed. AI Read more…