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VIEW: Betashares Says That Strong Job Data Argues For Hike In February

RBA

Betashares chief economist Bassanese believes that the strong jobs data for November means that the RBA is unlikely to pause in February, although “a lot can happen over the next two months”. He pointed to the economy’s resilience in 2022 in the face of rising rates and cost of living. He thinks that if wage growth can remain contained then Australia has a good chance of achieving a soft landing. (The Australian)

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