Highlight:
- US QE program to end this October
- Total Australians in the workforce hit a record high
- ECB report and Bank of England’s decision due this morning
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YOUR DAILY CURRENCY UPDATE – US QE PROGRAM TO END THIS OCTOBER (10 JULY)
Published by Uma Rajagopal
Posted on July 11, 2014
1 min readKey Takeaways
- The U.S. Federal Reserve ended its QE3 asset purchase program in October 2014.
- Australia’s total workforce reached a record high of approximately 14.68 million in December 2025.
- Labour force participation in Australia rose to around 66.7%, contributing to the employment record.
References
Frequently Asked Questions
When did the U.S. QE program end?
The Federal Reserve ended its QE3 asset purchases in October 2014 after tapering began in late 2013.
How many Australians are now employed?
As of December 2025, approximately 14.684 million Australians were employed – the highest on record.
What is Australia’s labour participation rate?
In December 2025, Australia’s participation rate was around 66.7%, helping fuel the workforce record.
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