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| | | ... the press conference those who voted to hold the cash rate steady weighted the downside risks to growth, housing, labour market greater than the upside risks to inflation. "The argument also centred on waiting for more information given the rate hikes ... |
| | | | ... and co-lead Margo Lydon said. "The economic cost of inaction clock is ticking rapidly. Structural shifts in the labour market, including automation and the rise of artificial intelligence (AI), will only intensify psychosocial pressures on workers, making ... |
| | | | ... persistent inflationary pressures, monetary policy will need to tighten further. "Starting levels of inflation, labour market tightness, and technology and commodity exposures remain key policy guideposts. The appropriate stance will differ across countries ... |
| | | | ... housing prices have fallen in most capital cities and new housing loans have declined noticeably," the RBA said. "Labour market conditions have eased broadly as expected in recent months, and labour market leading indicators are broadly stable. Meanwhile ... |
| | | | ... taken with a grain of salt. That said, the RBA will likely be guided by the still reasonably firm range of other labour market indicators, such as job advertisements and corporate hiring intentions," Bassanese said. "For the RBA, the lift in unemployment ... |
| | | | ... investment are accelerating, with the potential to boost productivity. "While there is not yet evidence of significant labour market impacts, it is expected that productivity gains will arise from some tasks being automated using AI, and that demand ... |
| | | | ... remains reasonably strong," he said. "This data gives the Fed scope to tighten without immediately threatening the labour market. However the more pressing question is whether one rate hike is enough to bring inflation down and if the Fed will need to ... |
| | | | ... headline migration figures might be seductive, changes at scale will have a spillover in the economy including the labour market. The government's immigration policy recently came under the spotlight regarding whether refugee intake will be reduced. ... |
| | | | ... improve," Rynne said. "[The RBA] is trying to bring inflation back to target without causing unnecessary damage to the labour market, but ultimately its primary responsibility is price stability. On balance, we would not be surprised to see another rate ... |
| | | | ... view that inflation remains sticky, rather than signaling a decisive disinflation trend. "Combined with a resilient labour market and a buoyant equity market, the Australian economy remains on a solid footing. This should support the RBA's hawkish ... |
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