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Australia's job market weakens, raising expectations for upcoming interest rate cuts.
Australia's job market is showing signs of weakening, with rising unemployment and slower job creation, increasing pressure on the Reserve Bank of Australia to consider interest rate cuts.
While inflation remains above target, declining employment growth and reduced hiring have sparked debate over the central bank’s next move.
The RBA is expected to closely monitor incoming data before deciding whether to lower rates to support the economy.
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El mercado laboral de Australia se debilita, aumentando las expectativas de próximos recortes de las tasas de interés.