Will jobless numbers push the RBA to cut sooner?

There’s a rising expectation that the RBA will cut interest rates at their next meeting, following disappointing employment numbers yesterday. Phil Dobbie asks NAB’s Alex Stanley why the numbers were so concerning. There’s also discussion on central bank decisions in Japan, Switzerland and the UK, the latest OECD forecast downgrades and the Fed’s third day of liquidity injections into the US money markets. Why is this happening and is it a cause for concern?

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to top