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Interview: What the RBA will make of the Fed cut + unemployment rate image

Interview: What the RBA will make of the Fed cut + unemployment rate

Fear and Greed
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0 Plays18 days ago

It’s been a huge 24 hours for the global economy. First, the US Federal Reserve cut its key interest rate by half a percentage point. Then local labour force numbers for August showed the number of people with jobs increased by 47,500 - well above expectations.

Diana Mousina, AMP’s Deputy Chief Economist, talks to Sean Aylmer about what it all means for the Reserve Bank board meeting next week.

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