RBA’s dilemma - more working, less job ads

Friday 14th April 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABYesterday we saw a surprise increase in the number of Australians working last month. So, does that mean a greater likelihood of more hikes form the RBA? Certainly a higher Aussie dollar and rising bond yields are suggesting that. It’s a question put to NAB’s David de Garis. There’s also discussion about the UK’s stagnant outlook, with GDP flatlining and mortgage defaults rising. Hopes of easing inflation I the US were helped by a fall in producer prices. Maybe increased exports from China will help too. Perhaps a weakening in consumer demand through today’s US retail sales will add to that picture. Hosted on Acast. See acast.com/privacy for more information.