Tag : Wage Growth

Japan raises interest rates to 0.5 percent amid inflation concerns
Business

Japan raises interest rates to 0.5 percent amid inflation concerns

manamalive.com
The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The move, reflecting a cautious pivot towards monetary policy normalization, comes...
UK private-sector pay rises sharply but job cuts increase
Featured News

UK private-sector pay rises sharply but job cuts increase

manamalive.com
British wage growth remained robust in the three months to November 2024, despite increasing indications of a weakening labor market, according to data released on Tuesday. The figures reaffirm the Bank of England's (BoE) current...
Inflation cools rapidly, paving the way for economic confidence in 2024
Business

Inflation cools rapidly, paving the way for economic confidence in 2024

manamalive.com
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations and emerged as a year of remarkable resilience for the...