Why is the Turkish lira’s value still falling? Experts say the ‘suppressed’ lira is reaching its true value as they forecast a continued fall against the dollar. Al Jazeera · Jun 18, 2023
Further show of strength for Northern Ireland job market despite gathering headwinds Both unemployment and employment levels back to pre-pandemic levels, but inflation and rising interest rates temper mood Birmingham Post · Jun 16, 2023
Data | Less than half of urban consumers pessimistic about the economy When asked about their current perception of the economy, 48.9% said it has worsened The Hindu · Jun 16, 2023
Strong job numbers could mean more rate rises for Australia. Here’s why a recession isn’t a certainty Reserve Bank appears determined to raise interest rates at least once more, even if Australia’s economy is slowing The Guardian - AU · Jun 15, 2023
The Fed grows confident its Goldilocks economy might come true The U.S. may not have to sacrifice the economic gains achieved in the pandemic recovery. Axios · Jun 15, 2023
Commentary: By the treasury secretary’s own definition, we’re back in recession Last month, the Department of Commerce released troubling data on the anemic economy, showing that gross domestic income (GDI) shrank in the previous six months. That’s no surprise to half of Americans who believe we’re currently in a recession, but the data refute President Joe Biden’s claim that the economy… Tribune News Service · Jun 15, 2023
The Guardian view on Rishi Sunak’s economics: recession is an acceptable price to pay Editorial: Growing the economy by shrinking it first is a high-risk political strategy The Guardian - UK · Jun 14, 2023
Fresh data coming on inflation’s impact on labour market A fresh batch of jobs data will be pored over this week for confirmation the extremely tight labour market is starting to unwind. The New Daily · Jun 11, 2023
Unwavering focus: On the Monetary Policy Committee’s approach to policy Achieving durable disinflation must remain a non-negotiable goal, especially amid widening income inequality and high unemployment The Hindu · Jun 9, 2023
Analysts anticipate more rate hikes The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts. Bangkok Post · Jun 2, 2023
Michael Pascoe: No, the wage case shouldn’t panic the RBA The FWC doesn’t want to turn the current rate of wage increases into something that will scare Phil Lowe & Co. The New Daily · Jun 2, 2023
FTSE 100 posts biggest jump since March as US economy adds 339,000 new jobs – as it happened US economy added more jobs than forecast last month, with March and April’s data revised higher too, but unemployment rate has jumped to 3.7% The Guardian - UK · Jun 2, 2023
'This is a compromise': How the White House is defending the debt ceiling bill The House's debt ceiling bill has critics on both sides. Bharat Ramamurti, the deputy director of the National Economic Council, says the administration was able to secure some of its key priorities. WEKU · Jun 1, 2023
Give America a debt brake fast Since 1960, the United States has raised its debt ceiling 78 times -- soon to be 79, if Congress approves the latest last-minute deal. On a wall in Manhattan, not far from Times Square, a billboard-size display has kept a running tally of the national debt amount. Bangkok Post · May 31, 2023
Kiplinger · May 31, 2023 Stock Market Today: Stocks Close Lower Ahead of Key Debt Ceiling Vote The major benchmarks spent most of Wednesday in the red as the House prepares to vote on the debt ceiling deal this evening.
Chronicle Live · May 31, 2023 Working parents to get DWP childcare boost from next month Parents who claim Universal Credit will get their childcare costs paid upfront as well as an increase in the amount they can claim
The Guardian - AU · May 30, 2023 Victorian private schools ‘fearmongering’ over job losses after tax exemptions axed, experts say About 110 of the state’s top high-fee paying private schools will be required to pay tax on staff salaries, raising more than $420m over three years
ABC News · May 30, 2023 NSW government freezes pay of MPs, senior public servants New South Wales politicians and senior bureaucrats will not be getting a pay rise for at least two years, as legislation to freeze their pay is introduced to parliament.
Bangkok Post · May 28, 2023 Business groups back 'fair growth' principle Key business groups welcome the Move Forward Party's campaign promises to tackle economic inequality, but wonder if it can solve a problem that has long plagued the country.
ABC News · May 25, 2023 More money than expected for AFL team in Tasmanian budget but public sector cuts on the way There's hundreds of millions of dollars in the state budget to kickstart Tasmania's entry into the AFL — but there's also a debt blow-out on the horizon, explains Adam Langenberg.
The Conversation · May 23, 2023 Degrowth isn't the same as a recession – it's an alternative to growing the economy forever The UK economy unexpectedly shrank by 0.3% in March, according to the Office of National Statistics. And though the country is likely to narrowly avoid an official recession in 2023, just as it did the previous year, the economy is projected to hit the worst growth rates since the Great…
The Guardian - AU · May 22, 2023 ‘Big business’ to be hit with new levy in Victorian state budget to help fund Covid recovery Treasurer Tim Pallas to hand down ninth budget on Tuesday with all eyes on debt recovery plans
The Guardian - AU · May 21, 2023 Labor hails ‘strongest start for jobs growth’ of any Australian government Analysis shows more than 330,000 jobs gained in past year, but treasurer concedes inflation needs to cool
The New Daily · May 19, 2023 Michael Pascoe: Why you might never see that ‘wage growth’ we hear about One thing we know for sure about the RBA – it knows even less about the outlook for wage growth than it does about inflation.
The Independent UK · May 18, 2023 New Zealand budget plan offers modest financial relief ahead of election Months before an election, New Zealand’s government is offering some modest financial relief to many people by making most prescription medicines free and increasing subsidies for childcare and public transportation