Concerns about US labour market grow
Kia ora,
Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with news the US Fed is meeting but flying blind on both inflation and jobs data. But other indications suggests the US economy is fading faster than previously assumed.
In the US oil patch, the Dallas Fed said service sector activity contracted further in October with the revenue index, a key measure of service sector conditions, falling to its lowest reading since July…
The skinny
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