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Interview: Why Australia's biggest bank is still tipping a rate cut in September

Interview: Why Australia's biggest bank is still tipping a rate cut in September

FEAR & GREED | Business News
11 min
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<p>Australia's jobs market is still very strong, with yesterday's numbers showing only a slight rise in unemployment last month. Couple it with the US Federal Reserve delaying rate cuts, and there may be some pressure on the Reserve Bank to do the same.<br><br>Commonwealth Bank Chief Economist Stephen Halmarick talks to Sean Aylmer about the jobs market and about the outlook for interest rates, including why he's still leaning towards a rate cut in September.</p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>