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Australian Unemployment Falls, Traders Trim Rate-Cut Bets

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 inter


  • Dec 12 2024
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Australian Unemployment Falls, Traders Trim Rate-Cut Bets
Australian Unemployment Falls, Traders Trim Rate-Cut Bets
(Bloomberg) — 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 interest-rate cut. Read More

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