Teetering jobs market may tempt RBA to cut rates this month
Inflation and employment are creating a tug-of-war scenario for the Reserve Bank as it weighs up whether or not to cut interest rates at the end of the month.
Job losses add a burden to to the nation that lend weight to interest rate cuts. (Image source: Shutterstock.com)
Borrowers hanging out for another interest rate cut will be eagerly seeing which side of the fence the central bank leans towards.
The two most influential economic indicators the Reserve Bank of Australia (RBA) looks at when deciding on its official cash rate moves are inflation and employment.
With the release of unemployment figures on Thursday (18 September), the RBA has a bit of a conundrum on its hands.
Although the seasonally adjusted u…
