Core Viewpoint - Australia's job market unexpectedly cooled in May, leading to increased expectations for interest rate cuts by the Reserve Bank of Australia (RBA) [1] Economic Indicators - In May, Australia experienced a surprising reduction in job positions, although the unemployment rate remained stable due to a decrease in job seekers, indicating a slight loosening in the labor market [1] - The current key interest rate stands at 3.85%, with an 80% probability that the RBA will lower it to 3.6% on July 8, followed by two additional rate cuts [1] Market Reactions - The Australian dollar and the yields on three-year government bonds, which are sensitive to policy changes, showed little variation following the employment data release [1] Broader Economic Context - Economic growth momentum appears weak since the RBA adopted a dovish stance in May, marking the second rate cut in recent meetings [1] - Global uncertainties have intensified due to geopolitical tensions, including Israel's attacks on Iranian nuclear facilities, which have contributed to rising oil prices [1]
澳大利亚就业市场意外遇冷 联储降息预期升温
news flash·2025-06-19 02:18