Jobless rate increase complicates interest rate outlook

· businessnews.com.au

A lift in the jobless rate to 4.6 per cent has complicated the picture for the Reserve Bank of Australia ahead of next week's interest rate decision.

The national unemployment rate has risen to 4.6 per cent in a sign that recent interest rate hikes may be working to slow the economy, adding to the case agains...


Read on WOBR AI → · More AI market news · StrategyVerse · Quant Research · WOBR.AI