National Australia Bank with comments on the Reserve Bank of Australia March 2019 meeting minutes
(Link is here to the minutes: RBA minutes - 'significant uncertainties' on the economic outlook )
NAB remarks, pretty much what I have covered already, which makes sense given the RBA have already told us they are the jobs data:
- makes the upcoming labour marketdata (on Thursday) a focus
- Thursday' labour force survey particularly important
- we expect unchanged employment
- risk that the unemployment rate ticks up to 5.1 per cent
Note NAB's outlook (updated March 8) for the Reserve Bank of Australia:
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Meanwhile, some wiggle for the AUD but its net not much changed:
