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1.Market Observations, 8.Was Sticky

17 Feb 2017 (AFR) – Jobless rate adds to upbeat mood – Jobs boost adds to rebound

(17 February 2017, AFR, p1, by Jacob Greber)

‘The labour market continues to hold ground, sending the jobless rate down to 5.7 per cent in January and raising hopes this year will see the nation pulled into a global economic rebound that will eventually drive up inflation and official interest rates. Speculation is growing that the Reserve Bank of Australia will be forced to consider later this year increasing the official cash rate for the first time since…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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