Published on October 27, 2010 by Technology Slice
Australian CPI Posts Moderate Drop – The consumer price index rose 0.7 percent from the second quarter, the Bureau of Statistics said in Sydney today. That was less than the 0.8 percent median estimate in a Bloomberg News survey of 24 economists. The central bank’s measures of core inflation showed annual price increases slowed last [...]
Tags: Australia And New Zealand, Bank Of Australia, Bank Staff, Bloomberg News, Bureau Of Statistics, Chief Economist, Commonwealth Bank Of Australia, Consumer Price Index, Core Inflation, Craig James, Hsbc Holdings, Hsbc Holdings Plc, Inflation Numbers, Median Estimate, Paul Bloxham, Price Increases, Rate Hike, Rate Increase, Reserve Bank Of Australia, Target
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Published on July 31, 2010 by Technology Slice
Gross Domestic Product Growth Slows In U.S. – The nation’s gross domestic product grew at an annualized rate of 2.4% in the second quarter, falling from an upwardly revised 3.7% expansion in the first three months of the year, the Commerce Department said Friday. While many economists had expected growth to moderate, the reported decline [...]
Tags: American Economy, Chief Economist, Commerce Department, Consumer Spending, Corporate America, Economy Businesses, Fades, Finite Period, First Three Months, Gross Domestic Product, Housing Market, Inventories, Mark Vitner, Months Of The Year, New Computers, Paul Ashworth, Slowdown, Stimulus, Trade Deficit, Wells Fargo
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Published on July 8, 2010 by Technology Slice
Australian Employment Figures Continue To Grow – Australia’s employment soared in June as 45,900 jobs were added to the labor force, ramping up pressure on the central bank to resume policy tightening on the back of a surging commodities boom. Economists said the air tight labor market raises the spectrum of full employment in the [...]
Tags: Australian Bureau Of Statistics, Australian Employment, Bank Of Australia, Bond Futures, Bureau Of Statistics, Chief Economist, Employment Figures, Full Employment, Full Time Work, Inflation Numbers, Initial Figure, Part Time Work, Participation Rate, Reserve Bank Of Australia, St George Bank, Stephen Walters, Tight Labor Market, Time Employment, unemployment rate, Wage Pressures
Posted in Money
Published on April 10, 2010 by Technology Slice
RBA Raising Rates Too Quickly – Further official interest rate rises could choke off consumer spending and grind the economy to a halt, economists warn. Herston Economics chief economist Clifford Bennett says if the Reserve Bank raises the cash rate to five per cent by year’s end, the economy would “grind to a standstill”.
Tags: Australian Families, Cash Rate, Chief Economist, Clifford, Consumer Spending, Domestic Economy, Economics, Economists, Interest Rate Rise, Interest Rate Rises, Mr Bennett, Percentage Point, Rba, Standstill
Posted in Money
Published on April 3, 2010 by Technology Slice
U.S. Job Numbers Jump – U.S. President Barack Obama, highlighting yesterday’s government report that showed the US economy last month created the most jobs in three years, declared the “worst of the storm is over”. “We are beginning to turn the corner,” Mr Obama said in a speech at a battery-parts manufacturer in Charlotte, North [...]
Tags: barack obama, Charlotte North Carolina, Chief Economist, economic recovery, economy, Gaining Confidence, Government Report, International Trade Commission, job, jobs, Labor Department, Labour Force, Pace, Peter Morici, recession, Truth, unemployment rate, Us International Trade Commission
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