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(RPT) MNI: RBA Labour Market Rethink Seen Making Cuts More Distant

Economists are debating the RBA's updated view on excess demand and the labour market.

--Story first published Aug 23

MNI (MELBOURNE) - The Reserve Bank of Australia’s hawkish reassessment of the labour market, which it now sees as tighter than it had previously considered, means investors are over-estimating the probability of swift rate cuts, former officials and economists told MNI.

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--Story first published Aug 23

MNI (MELBOURNE) - The Reserve Bank of Australia’s hawkish reassessment of the labour market, which it now sees as tighter than it had previously considered, means investors are over-estimating the probability of swift rate cuts, former officials and economists told MNI.

Keep reading...Show less