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Labour market’s tea leaves for next week’s OCR

Economists debate Reserve Bank’s future OCR cuts.

Nevil Gibson Tue, 05 Nov 2019

America’s largest bank, JPMorgan Chase, has weighed in behind two more quarter-point cuts in the official cash rate, with it halving to 0.5% in May next year.

The prediction comes in a preview of new labour market data – due out on Wednesday – for the three months to September.

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Labour market’s tea leaves for next week’s OCR
Business,
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