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Weekly Economic Perspectives

Odds of RBA Rate Hike Increase

The headline seasonally adjusted employment rose 50.2k in June, way ahead of expectations. The rise was led by full-time employment, but even so, its growth rate has been cooling and that process has further to go in our view.

4 min read
Chief Economist
Investment Strategist

Aussie Full-Time Employment Is Cyclical

Spotlight on Next Week

  • Trend-like Q2 GDP growth expected in the US. 
  • The BoC might deliver another rate cut. 
  • Tokyo CPI to rise.

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