Australian central bank official sees signs of labour market easing

RBA official Kent reportedly says the labour market is loosening faster than predicted and policy is somewhat restrictive, though it is unclear if it is restrictive enough. Coverage from Bloomberg, Reuters and Forex Factory all cite these remarks.

Timeline

1. 19 Oct, 04:20 UTCFirst appeared on Google Trends
2. 19 Oct, 04:20 UTCReuters reports labour market easing signs
3. 19 Oct, 04:20 UTCBloomberg reports labour loosening faster than predicted
4. 19 Oct, 06:02 UTCReached #1 on TrendHeat

Top sources

• michele bullock reserve bank monetary policyGoogle Trends
• national australia bank workforce reductionGoogle Trends
• AI or the economy? Either way, NAB job cuts a canary in the coalmineAFR
• Borrowers’ cash flow squeeze gets ‘way too much attention’: RBAAFR
• RBA’s Kent Says Labor Market Loosening Faster than PredictedBloomberg.com
• Higher for longer: why low rates are relics of the pastThe Canberra Times
• Kent: RBA confident policy is somewhat restrictive; the question is whether it is restrictive enoughForex Factory
• Australia central banker sees signs of labour market easingReuters