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Interview: Why Australia's biggest bank is still tipping a rate cut in September
Manage episode 413247314 series 2749949
Australia's jobs market is still very strong, with yesterday's numbers showing only a slight rise in unemployment last month. Couple it with the US Federal Reserve delaying rate cuts, and there may be some pressure on the Reserve Bank to do the same.
Commonwealth Bank Chief Economist Stephen Halmarick talks to Sean Aylmer about the jobs market and about the outlook for interest rates, including why he's still leaning towards a rate cut in September.
Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.
3279 jaksoa
Manage episode 413247314 series 2749949
Australia's jobs market is still very strong, with yesterday's numbers showing only a slight rise in unemployment last month. Couple it with the US Federal Reserve delaying rate cuts, and there may be some pressure on the Reserve Bank to do the same.
Commonwealth Bank Chief Economist Stephen Halmarick talks to Sean Aylmer about the jobs market and about the outlook for interest rates, including why he's still leaning towards a rate cut in September.
Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.
3279 jaksoa
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