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BlackRock's Rosenberg Sees 'Sweet Spot' in Middle of the Curve
Bloomberg Television· 2025-11-07 15:48
Take a much closer look at the alternative data sources, the private data sources, the alternative data that I mentioning there. We've had a lot of success scraping the wage inflation data or the wage posting data and extracting from it wage inflation measures. And one of the most important stories that I think everyone is aware of it when you came out of Covid, it was the bottom and that led the wage gains and that shifted.And we've been in a period where, you know, you guys have talked about it, the K-sha ...
ICAEW economics director comments on UK labour market data
Yahoo Finance· 2025-10-16 10:34
Core Insights - The UK's employment outlook is uncertain due to declining business confidence and rising cost pressures, potentially leading to a slight increase in unemployment [1] - The number of job vacancies in the UK decreased by 9,000 (1.3%) to 717,000, marking the 39th consecutive period of decline [2] - The number of payrolled employees in the UK stood at 30.3 million in September 2025, representing a 0.3% decrease (100,000) year-on-year [2] - The decline in job vacancies indicates a sinking demand for staff amid growing uncertainty and financial pressures on firms [3] Employment Market Analysis - The UK jobs market is experiencing significant challenges, with skyrocketing employment costs and a sluggish economy leading organizations to limit headcount and restrain pay growth [3] - The continued decline in job vacancies is a concerning sign for the health of the labour market [3] Business Property Relief Concerns - ICAEW expressed disappointment over the updated reforms to business property relief (BPR) and agricultural property relief (APR), citing limited concessions to index the £1 million allowance to inflation by 2030 [4]
RBA to hold rates on September 30 but cut likely after Q3 inflation: Reuters poll
Yahoo Finance· 2025-09-26 03:16
Core Viewpoint - The Reserve Bank of Australia (RBA) is expected to maintain its cash rate at 3.60% as the labor market remains tight and inflation shows signs of persistence [1][3]. Economic Indicators - Australia's monthly consumer price index (CPI) increased by 3.0% in August compared to the previous year, up from 2.8% in July, indicating rising inflation [2]. - Economic growth rebounded in the second quarter, and the unemployment rate has remained relatively stable, suggesting that the RBA can afford to slow its rate cuts [2][3]. Market Expectations - A consensus among economists indicates that the RBA will hold the cash rate at 3.60% during the upcoming policy meeting, with a year-end forecast of 3.35% [1][4]. - Over 80% of economists expect a 25 basis point cut to 3.35% by the end of 2025, while some predict no change, reflecting a shift in sentiment from previous polls [4]. Future Projections - Economists are divided on the likelihood of a rate cut in November, with some suggesting that strong labor market data and inflation could delay any cuts [5][6]. - Long-term forecasts show that 23 out of 38 economists anticipate one more rate cut in the first quarter of 2026, bringing the rate down to 3.10% [5].
X @The Economist
The Economist· 2025-09-18 12:05
The continent’s labour market is ill-suited to an age of disruption https://t.co/jCi9fkNkRc ...
X @The Economist
The Economist· 2025-09-02 09:40
People fleeing calamity have a right to seek safety—but that does not mean access to a rich country’s labour market https://t.co/kRkn54eEse ...
X @The Economist
The Economist· 2025-08-07 10:20
Immigration & Labor Market - People fleeing calamity have a right to seek safety [1] - This right does not automatically grant access to a rich country's labor market [1]
X @The Economist
The Economist· 2025-07-15 21:40
People fleeing calamity have a right to seek safety—but that does not mean access to a rich country’s labour market https://t.co/E6P0PMl87P ...