Fed's Paulson Sees More Risks to Labor Than Inflation
Federal Reserve Bank of Philadelphia President Anna Paulson expects inflation to cool next year but warned there is a risk of a further downturn in the labor market. Paulson said Friday in Delaware, "On net, I am still a little more concerned about labor market weakness than about upside risks to inflation."
More from Australia
Arika Resources begins 3,000-metre drilling at Pennyweight Point
Core Energy Minerals starts 2,650m uranium drilling in Namibia
COSOL signs $11M US transit contract
ASIC plans to loosen pre-IPO advertising rules
Auric Mining secures $17M capital placement
Talga Group battery anode reaches 8,000 test cycles