211 - Rate Cut Prediction on Life Support? Labor Market Holds

211 - Rate Cut Prediction on Life Support? Labor Market Holds Strong & COP29 Gets Political

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This week on the Dismal Science, Mark and Raph take a look at the latest Australian labor 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? Plus, the Dismal Science takes a metaphorical visit to Baku for COP 29 and finds “upside-down geopolitics” at play. And will President Trump’s reelection derail the action items out of COP29? Read more from Mark on the AICD website: https://www.aicd.com.au/news-media/economic-weekly.html Send feedback to: [email protected]

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