Australia’s unemployment rate unexpectedly rose in July, supporting the Reserve Bank’s view that the labor market is likely to loosen and prompting traders to pare bets on another interest-rate increase.
Macro Bloomberg Aug 20, 2026
Australia’s Higher Unemployment Sees Traders Pare Rate-Hike Bets
Australia’s unemployment rate unexpectedly rose in July, supporting the Reserve Bank’s view that the labor market is likely to loosen and prompting traders to pare bets on another interest-rate increase.
