Unemployment Wobbles Higher In January, But Don’t Expect Quick Rate Cuts!
Last month Australian employment surprisingly tumbled in December, snapping four months of gains and sending the currency lower as traders boosted wagers on the Reserve Bank switching to policy easing this year. The economy had shed 65,100 roles, led by the biggest monthly drop in full-time employment since the height of pandemic, but unemployment held … Continue reading "Unemployment Wobbles Higher In January, But Don’t Expect Quick Rate Cuts!"
Unemployment Wobbles Higher In January, But Don’t Expect Quick Rate Cuts!
Last month Australian employment surprisingly tumbled in December, snapping four months of gains and sending the currency lower as traders boosted wagers on the Reserve Bank switching to policy easing this year. The economy had shed 65,100 roles, led by the biggest monthly drop in full-time employment since the height of pandemic, but unemployment held … Continue reading "Unemployment Wobbles Higher In January, But Don’t Expect Quick Rate Cuts!"
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