[ad_1] Companies plan to boost salaries 4.6 per cent for next year, up from earlier expectations and an increase over their budget for this year, as inflation and a resilient labor market have sent business scrambling to sweeten pay or risk losing their best people. Overall salary increases in the US will […]
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[ad_1] As the Federal Reserve raises interest rates to cool the economy and slow inflation, it is contending with the imprecise and inconsistent effect of monetary policy on the economy. The Nobel Prize-winning economist Milton Friedman famously argued that “monetary actions affect economic conditions only after a lag that is both long and variable.” Since […]
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[ad_1] Listed housing finance companies (HFCs), as a group, posted a 3.7 per cent drop in second-quarter (Q2) profit year-on-year (YoY) to Rs 5,830 crore and 19 per cent sequentially on rise in interest expenses and uptick in provisions and write-offs. Operating income rose 13.7 per cent YoY to Rs 54,086 crore in Q2 […]
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[ad_1] Economy U.S. Economy Officials signal a possible slowdown in the pace of rate rises by acknowledging how increases influence the economy with a lag [ad_2] Source link Source link
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