US wholesale prices flat in July, below expectations
The US producer price index was flat in July, well below the 0.2% increase economists had expected, according to Dow Jones consensus estimates.
CNBC Top News2 d ago
Topic
Central Banks
5 stories
US inflation cools to 3.4% in July as food and fuel costs ease
US annual inflation eased to 3.4% in July as food and energy costs cooled from June's pace, according to newly released data. Housing remained the main category still pushing the index higher.
BBC Business3 d ago
New Zealand job ads fall for third straight month, SEEK data shows
New Zealand job advertisements fell for a third consecutive month, according to job platform SEEK. Revised figures wiped out earlier signs of growth and pointed to weaker conditions across the main North Island centers.
RNZ Business3 d ago
Reserve Bank of Australia signals it is done hiking interest rates
The Reserve Bank of Australia's governor said the central bank believes it has finished raising interest rates, if its current economic forecasts hold true. Officials cautioned, however, that the risk of forecasts proving wrong is skewed toward another hike.
ABC News Australia4 d ago
Kiwibank raises interest rates as funding costs climb
New Zealand's Kiwibank has raised its interest rates, joining other major banks that lifted rates last week. The bank pointed to the rising cost of funding through wholesale markets as the main driver of the increase.
RNZ Business5 d ago