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ABC.NET.AU · GLOBAL ·

Jobless numbers fall prompting fears of another potential interest rate hike

As reported by abc.net.au
Unemployment figures show unemployment dropped in May to 4.4 per cent. There are concerns it adds fuel to an economic fire that could prompt the Reserve Bank of...
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Unemployment figures for May reveal a drop to 4.4 percent, sparking concerns among economists. This significant decrease in jobless numbers is seen as potentially fueling inflation. Experts now fear the Reserve Bank may consider another interest rate hike to cool the economy,…

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