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RBA’s Kent Says Labor Market Loosening Faster than Predicted

Newseze Wire·Mon, Oct 19, 1:52 AMWire: Bloomberg Markets
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RBA’s Kent Says Labor Market Loosening Faster than Predicted

Australia’s labor market is showing signs it is softening faster than the central bank expected, Reserve Bank Assistant Governor Christopher Kent said, underscoring the tradeoff policymakers face as they seek to slow inflation while pres…

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Australia’s labor market is showing signs it is softening faster than the central bank expected, Reserve Bank Assistant Governor Christopher Kent said, underscoring the tradeoff policymakers face as they seek to slow inflation while pres… The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: Bloomberg Markets.
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