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RBA dep Gov Hauser says surprised employment growth has been so strong

Reserve Bank of Australia Deputy Governor Hauser speaks in a ‘fireside chat’ format at the CBA 2024 Global Markets Conference in Sydney:

  • slightly surprised employment growth has been so strong
  • labour participation rate is strikingly high
  • RBA is data dependent but not data obsessed
  • will take into account Q3 CPI, other data, to form a view on policy

Note, Q3 CPI data is due from Australia on October 30.

This article was written by Eamonn Sheridan at www.forexlive.com.

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