Unemployment is up. What effect will this have on interest rates?
The unemployment figures for the June quarter are in and show a rise to 4.6%, up from 4.4% in the last quarter and 3.6% at the same time last year.
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Show Notes
The unemployment figures for the June quarter are in and show a rise to 4.6%, up from 4.4% in the last quarter and 3.6% at the same time last year. This is broadly in line with economists' and the Reserve Bank's expectations, so what does it mean for interest rates?
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