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Early Rate Cut Hopes Dashed By Strong Australian Jobs Data!
December 12, 2024 · 11 min
Australia’s unemployment rate unexpectedly fell in November as the nation’s golden streak of hiring gains extended, underscoring the resilience of the labor market to elevated interest rates and prompting traders to pare back bets of a February cut. As Alex Joiner from IFM noted “Solid employment Growth in November and a tick down in the … Continue reading "Early Rate Cut Hopes Dashed By Strong Australian Jobs Data!"