Minneapolis Fed President Neel Kashkari said the balance of risks facing the U.S. economy tilted toward the labor market rather than inflation. In an essay, he argued that given the “large concurrent changes” in trade, immigration, and tax policies, and the mixed signals in the economy, the more pressing danger is “rapid further weakening” in […]
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Bank of Japan left its policy rate unchanged at around 0.75% as widely expected, and maintained a clear tightening bias, signaling that further rate hikes remain on the table. The decision was passed by an Read more…
Australia’s labor market delivered a strong headline in February, with employment rising by 48.9k, well above expectations of 20k. However, the details painted a softer picture, as the unemployment rate jumped from 4.1% to 4.3%, Read more…
New Zealand’s economy expanded by just 0.2% qoq in Q4, missing expectations of 0.4% qoq and slowing sharply from Q3’s 0.9% qoq pace. On an annual basis, GDP rose 0.2% yoy, marking the first year-on-year Read more…