‘Great jobs boom’ firms 2022 interest rate hikes
Ronald MizenSenior reporter
Australia’s jobless rate is poised to drop below 4 per cent for the first time in 48 years after February’s employment data again exceeded expectations, prompting analysts to bring forward their rate hike expectations.
Multiple interest rate hikes are a certainty this year if most economists and financial markets are correct, with lift-off from the record low 0.1 per cent cash rate expected sometime between May and November.
Loading...
Ronald Mizen reports on politics, economics, business and the law, with a focus on corporate regulators, lobbyists and investigations from Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Economy
Fetching latest articles