Paul Bloxham: HSBC chief economist on Australia's unemployment rate reaching 4 percent

Over in Australia, the unemployment rate increased to 4 percent in December - raising questions ahead of a potential interest rate cut next month. Unemployment is one of the key metrics the RBA uses to inform interest rate settings, and a weakening market could encourage the central bank to reduce rates. HSBC chief economist Paul Bloxham explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.