Latin America is seeing a wave of labour market reforms that reduce maximum working hours with no reduction in compensation, which could raise inflation and reduce competitiveness. It appears most...

Australian house prices fell for a second straight month in May, and leading indicators suggest that the decline has further to run. However, with inflationary pressures still running hot, the housing...

The strong increase in the minimum wage this year makes it more likely that wage growth will overshoot the RBA’s expectations, bolstering the case for additional policy tightening.