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The labor force might “change the RBA’s mind” on interest rates.

The labor force might "change the RBA's mind" on interest rates.

REA Group Senior Economist Paul Ryan conveyed that, regarding interest rates, the labour force numbers this week have the potential to “change the RBA’s mind.”

In an interview with Sky News Austrilia, Paul Ryan stated, “I think the labour force numbers this week, as well as the quarterly CPI coming out next week, have the potential to be something that could change the RBA’s mind on interest rates.”

He further continued, “We’re expecting continued employment growth at a slower pace – that’s been the trend over this year.

- Published By Team Australia News

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