Results for "labor market"

2 results

BOE Governor Bailey Flags 'Huge Uncertainty' and Labor Market Weakness Amidst Rate Stability
forex

BOE Governor Bailey Flags 'Huge Uncertainty' and Labor Market Weakness Amidst Rate Stability

Bank of England Governor Andrew Bailey recently communicated to Bloomberg his assessment of "huge uncertainty" in the global economy, particularly concerning energy prices, and noted an emerging "softness in the labor market" following the Monetary Policy Committee's July decision to maintain interest rates at 3.75%, according to the interview.

5h ago
Global Markets Face Critical Week: Fed Decision, Key Economic Data, and Tech Earnings Amidst Mideast De-escalation
stocks

Global Markets Face Critical Week: Fed Decision, Key Economic Data, and Tech Earnings Amidst Mideast De-escalation

Global financial markets are poised for a pivotal week featuring critical central bank decisions from the Federal Reserve, Bank of England, and Bank of Japan, alongside key economic data including US Q2 GDP and June core PCE inflation, and major corporate earnings reports from influential tech giants, all while navigating a fragile pause in Middle East hostilities that has prompted an initial positive market reaction.

Jul 27