Australian Unemployment Surprisingly Rises Despite Job Gains
Australian unemployment climbed further in August even as the economy added more jobs than anticipated, just days before the Reserve Bank meets to weigh resuming interest-rate increases.
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2 matching records found
Australian unemployment climbed further in August even as the economy added more jobs than anticipated, just days before the Reserve Bank meets to weigh resuming interest-rate increases.
Markets can withstand a 25 basis-point interest-rate increase by the Federal Reserve, according to Marathon Asset Management CEO Bruce Richards. "The consumer is doing well, corporate earnings are doing well, the economy is doing well," Richards says on Bloomberg Television. (Source: Bloomberg)
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