RBA Deputy Governor Andrew Hauser to discuss employment market and potential interest rate cuts amid easing inflation.
Andrew Hauser, Deputy Governor of the Reserve Bank of Australia (RBA), will address the strong employment market at the Commonwealth Bank's Global Markets Conference. In September, Australia added 64,100 jobs, keeping the unemployment rate at 4.1%. With inflation easing to 3.4%, the RBA is expected to adopt a less hawkish stance, potentially signaling interest rate cuts. Meanwhile, the Reserve Bank of New Zealand has recently cut rates and anticipates further easing.
October 20, 2024
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