The red and the white
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Description
A mixed bag this week: the government's jobs white paper, another inflation spike, wilting retail sales and a glut in red wine.
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This week on the Dismal Science, Mark and Raph take a look at the latest Australian labour market figures and what it means for Mark's increasingly shaky call for a February rate cut. Is the RBA being too pessimistic about what the unemployment rate associated with full employment needs to be? ...
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