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Aussies Take Up Jobs as Draghi Tries to Quit

NAB Morning Call

00:00

Is the Labor Market Tighter Than Expected?

The unemployment rate fell four tenths to three point five %, a new forty eight year low. Amon: It means that it's quite likely that the b a may be looking, maybe feeling like they're in a position where they need to be forecasting an increase in the unemployment right. And soallou know, all of that increases the risk that they frontload even moreand potentially even feel compelled to kind of move more explicitly into a more restrictive stand.

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