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UNITED STATES: Tight job market backs rates caution
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DOI: 10.1108/OXAN-ES285720
ISSN: 2633-304X
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UNITED STATES: Tight job market fuels rate rise option
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DOI: 10.1108/OXAN-ES282401
ISSN: 2633-304X
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President Joe Biden turns 81 today. In a country where half the population is younger than 39, most voters would rather not see an electoral rematch between Biden and Donald…
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DOI: 10.1108/OXAN-DB283463
ISSN: 2633-304X
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The US economy faces a period of slow growth and possibly a short and shallow recession, but this is unlikely to cause a significant weakening of labour markets.
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DOI: 10.1108/OXAN-DB275398
ISSN: 2633-304X
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UNITED STATES: Job market slowdown supports the Fed
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DOI: 10.1108/OXAN-ES274410
ISSN: 2633-304X
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However, interest-rate-sensitive sectors such as home improvement are suffering the largest sales declines, according to weekly credit-card spending data. Housing prices also are…
UNITED STATES: Fed is watching jobs as much as prices
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DOI: 10.1108/OXAN-ES275077
ISSN: 2633-304X
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Worsening sentiment suggests that the US economy will come close to though not technically enter recession (according to conventional US criteria) in the second half of 2022 or…
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DOI: 10.1108/OXAN-DB271835
ISSN: 2633-304X
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Core personal consumption expenditure inflation is 4.7% year-on-year, above the 2.0% target. The economy is holding up, with the OECD now forecasting GDP growth of 1.5%, up from…
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DOI: 10.1108/OXAN-DB276878
ISSN: 2633-304X
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Last month’s rate rise of 0.75% followed a similar rise in June, taking the rate to 2.5% from 0.15% in January. They show a serious effort to tackle inflation, which has not…