RBA Deputy Governor Debelle says a jobless rate under 6% is a reasonable goal
Reserve Bank of Australia officials Debelle and BUllock are appearing in front of a parliamentary committee.
Pertinent comment from Debelee on the unemployment rate.
I posted earlier on inflation, the other RBA mandate, it also has comments on RBA policy:
More from Debelle:
- Australia's economy is likely to have expanded in Q3
- cannot comment on the chance of QE being announced at the RBA meeting next week