Eamonn Sheridan

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News
jobs
News

UK firms expect 3% pay rises but warn AI could shrink jobs, CIPD survey shows

  • UK employers expect 3% pay rises over the next year, but one in six firms foresees job losses from AI adoption, according to the CIPD. Hiring remains subdued, and businesses are urging the government to avoid new taxes that could weaken recruitment further.
Central Banks
BOJ AI IL
Central Banks

BoJ Summary of Oct meeting highlights the importance of wages to future rate hikes

  • Bank of Japan wants to see rising wage settings. This is not a new piece of information.
Central Banks
RBA
Central Banks

RBA's Hauser says its not mad to think future rate cuts would be coming

  • Muddy waters from Reserve Bank of Australia Deputy Governor Hauser
News
Sanae Takaichi PM
News

Japan’s Takaichi abandons annual budget target, takes softer fiscal consolidation stance

  • Prime Minister Sanae Takaichi said Japan will scrap its annual primary budget balance target and adopt a multi-year framework to measure fiscal progress, easing its commitment to consolidation. The pro-spending leader is preparing a new stimulus package despite Japan’s record debt levels.
Central Banks
RBA BUILDING
Central Banks

RBA's Hauser says getting inflation down will require policy to be restrictive

  • RBA Deputy Governor Andrew Hauser warned that Australia’s economy remains tighter than usual for a recovery, limiting room for further easing. He said inflation control will require policy to stay restrictive until the output gap narrows and called for greater productivity and investment to expand supply.
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