|Filed Under:||Business & Finance / Economics|
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|Archived Since:||March 2, 2008|
Bank of Japan Gov. Haruhiko Kuroda said Friday that the central bank could fall behind its schedule to generate 2% inflation if oil prices fail to recover, acknowledging uncertainties over his bullish projections.
Slower-than-expected population growth in Australia is playing havoc with forecasts for the resource-rich economy. The country's central bank Friday revised lower its expected path for unemployment, saying the jobless rate is set to remain little changed for the next 18 months, instead of drifting higher as earlier predicted.
The Labor Department releases July's employment report Friday. Economists surveyed by The Wall Street Journal estimate nonfarm payrolls grew by 215,000 and the unemployment rate held steady at 5.3%. Here are five things to watch.
The Wall Street Journal’s Daily Report on Global Central Banks for Thursday, Aug. 6, 2015
The Wall Street Journal’s Daily Report on Global Central Banks for Wednesday, Aug. 5, 2015. Jason Douglas sees the Bank of England's "Super Thursday" offering fresh clues as to the timing of its first rate hike since the financial crisis.
Remember when the U.S. and Japan dominated trade in the Pacific? It wasn’t so long ago, and the memory is front and center as officials from Washington and Tokyo work on a trade agreement that could give their countries a shot at clawing back some of the trade they lost to China in recent decades.
As investors increasingly expect the Federal Reserve to soon raise borrowing costs in the U.S., fresh research suggests a rate rise could have an impact on a sizable group of people across the Atlantic: British homeowners.
Black unemployment fell below 10% for the first time in seven years, but the rate of unemployment for African American workers is still double that of whites.
The Wall Street Journal’s Daily Report on Global Central Banks for Tuesday, Aug. 4, 2015: Jon Hilsenrath sees encouraging news for the Fed in recent consumer price developments.
The World Bank’s "Doing Business" report, an influential survey of the operating environment for companies in nearly 200 countries, doesn’t accurately reflect the experience of companies actually doing business in developing nations, a new study has found.
Australia's central bank left interest rates unchanged on Tuesday, as expected, while leaving the door open for a cut later in the year should the economy falter. The Reserve Bank of Australia, or RBA, kept the cash-rate target at a record-low 2.0%, where it has been since May. Show More Summary
The latest inflation figures aren't making the Federal Reserve's job any easier.
The Wall Street Journal’s Daily Report on Global Central Banks for Monday, Aug. 3, 2015. Jon Hilsenrath writes that the Fed may proceed with a raise in short-term interest rates even if wage growth isn't accelerating.
The first week of August brings important data readings that are sure to catch the notice of Federal Reserve officials.
The busiest and fastest-growing large metro areas in the U.S. in the first half of this year have something in common: An affinity for apartments and condominiums.
Bigger is better for American cities these days. That is one of the findings in a new report from the National League of Cities that looks at the economic health of cities across the country.
The Bank of Russia cut interest rates Friday for the fifth time this year, citing economic risks, but declined to commit on whether there would be further monetary easing.
The Wall Street Journal’s Daily Report on Global Central Banks for Friday, July 31, 2015. Jon Hilsenrath sees growth and inflation figures keeping the Fed on track for a very gradual increase in rates from September.
Some of the bitterest foes of free trade agree with government officials on at least one thing: Hawaii is a place for relaxation, not bitter protest.
For the last 18 months, investors have enjoyed a period of relative calm when it comes to fiscal policy. That could soon change.