Falling Trend Hours Worked May Signal Interest Rate Peak!
Economists got a surprise today as employment fell 65,100 in the month, compared with an average expected rise of 15,000, as hours worked and participation both fell. That said, the prospect of the RBA delivering one final rise in February appears over. Only a big surprise in the December quarter inflation numbers, which will be … Continue reading "Falling Trend Hours Worked May Signal Interest Rate Peak!"
Falling Trend Hours Worked May Signal Interest Rate Peak!
Economists got a surprise today as employment fell 65,100 in the month, compared with an average expected rise of 15,000, as hours worked and participation both fell. That said, the prospect of the RBA delivering one final rise in February appears over. Only a big surprise in the December quarter inflation numbers, which will be … Continue reading "Falling Trend Hours Worked May Signal Interest Rate Peak!"
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