Will higher unemployment stop a rate hike?
· 20 min
Episode Will higher unemployment stop a rate hike?
Fresh jobs figures from the ABS show worsening unemployment here in Australia. Meanwhile inflation is hotter than expected in the United States.
So will these new numbers stay the Reserve Bank’s hand from hiking interest rates on Melbourne Cup Day?
And what do minutes from the RBA’s last board meeting reveal about what the central bank thinks are the biggest risks right now?
Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.
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