Inflation

inflation

Canada adds a stunning 108,000 jobs in October, reversing decline of prior 5 months

Nov. 4, 2022 by Tu Nguyen

The outsize gain and the resilience of the job market suggest that the Bank of Canada will announce another supersized interest rate hike next month. … READ MORE >

U.S. October jobs report: Strong growth as labor market remains tight

Nov. 4, 2022 by Joseph Brusuelas

Total employment increased by 261,000 jobs in October, which brought the total gain in employment this year to 4 million positions. … READ MORE >

Initial jobless claims inch down amid tight labor market

Nov. 3, 2022 by Tuan Nguyen

New filings for jobless benefits inched down by 1,000 last week from 218,000, remaining near their historical lows, according to government data released Thursday. … READ MORE >

Fed raises its policy rate by 75 basis points as it prepares to slow pace of hikes

Nov. 2, 2022 by Joseph Brusuelas

The Federal Reserve increased its policy rate by 75 basis points on Wednesday to a range between 3.75% and 4% as it hinted at slowing the pace of its hikes. … READ MORE >

Job openings and manufacturing production grow more than expected

Nov. 1, 2022 by Tuan Nguyen

Job openings came in hotter than expected in September, suggesting that the imbalance in the labor market will take longer to resolve than originally anticipated. … READ MORE >

RSM US Manufacturing Outlook Index: Continued signs of a slowdown

Nov. 1, 2022 by Joseph Brusuelas

Our composite measure of manufacturing activity shows that the decline has reached more than 1.6 standard deviations below normal. … READ MORE >

Risk in UK financial markets eases ahead of new government

Oct. 24, 2022 by Joseph Brusuelas and Thomas Pugh

U.K. financial markets continue to price in higher levels of risk into the value of holding securities but appear on the verge of turning the corner, RSM’s proprietary data shows. … READ MORE >