5th September 2024

  • US Job Openings Decline to Lowest Level Since January 2021

Vacancies fell to 7.67 million in July, below all estimates

Layoffs rose to 1.76 million, highest level since March 2023

https://blinks.bloomberg.com/news/stories/SJAMBWT0AFB4

  • US Yield Curve Disinverts as Soft Labor Data Fuels Fed Cut Bets

Two-year Treasury yields briefly dipped below those on 10-year

Data showed US job openings fell to lowest level since 2021

https://blinks.bloomberg.com/news/stories/SJB0W8T0G1KW

  • Fed’s Beige Book Shows Stagnant, Declining US Economic Activity

Employers more selective with hiring but layoffs remain rare

Prices and wages rose modestly in recent weeks, report shows

https://blinks.bloomberg.com/news/stories/SJAWMIT1UM0W

  • Bank of Canada Cuts to 4.25%, Eyes More Easing Ahead (2)

Macklem repeats more cuts likely if inflation keeps easing

Policymakers say pause and half point cut are possible

https://blinks.bloomberg.com/news/stories/SJAOIVT0AFB4

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