Central bank forecast that unemployment might have to move even higher makes it clear how much more the RBA cares about inflation than full employmentFollow our Australian politics live blog for latest updatesGet our daily political email, free app or daily news podcastBack in July, the June inflation figures killed off chances of a rate rise; yesterday, however, the September inflation figures all but guarantee a rate rise next week.The September figures are a bit quirky because the Bureau of Statistics published both the monthly and old quarterly ones. Continue reading...
The RBA has primed the market for an interest rate rise. But what will it mean for unemployment? | Greg Jericho
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The Guardian - Australia NewsBy Greg Jericho
EXECUTIVE SUMMARY
Central bank forecast that unemployment might have to move even higher makes it clear how much more the RBA cares about inflation than full employment Follow our Australian politics live blog for latest updates Get our daily political email, free app or daily news podcast Back in July, the June inflation figures killed off chances of a rate rise; yesterday, however, the September inflation figures all but guarantee a rate rise next week. The September figures are a bit quirky because the Bureau
Key Takeaways
- The RBA has primed the market for an interest rate rise.
- But what will it mean for unemployment?
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Published originally on The Guardian - Australia News
