Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Jobless data may not sway RBA

Notify me of new replies via email
Julia Corderoy | 11 Aug 2014, 08:16 AM Agree 0
While the market has priced in an increased chance of a rate cut, economists say a huge jump in unemployment is unlikely to sway the RBA
  • MCC | 11 Aug 2014, 10:14 AM Agree 0
    The data also needs to include a breakdown of jobless by say age 'sectors' because much of the housing growth & home / investment property ownership would not be contained in the high youth unemployed section of the society. I'm sure the RBA would consider that before cutting the cash rate rate further.
Post a reply