SBS On the Money: Surprise fall in jobless rate pushes out timing for interest rate cuts

SBS On the Money

English - March 21, 2024 07:09 - 13 minutes - 12.3 MB
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Previous Episode: SBS On the Money: Yen weakens despite the Bank of Japan's first interest rate rise in 17 years

Next Episode: SBS On the Money: RBA's health check on financial stability and economy

SBS Finance Editor Ricardo Gonçalves speaks with Bendigo and Adelaide Bank Chief Economist David Robertson who is expecting interest rates won't fall until 2025 as Australian unemployment rate falls unexpectedly to 3.7% in February. Plus, Gemma Dale from nabtrade looks through the day's market action including the potential three interest rate cuts to come from the US Federal Reserve.