In the media | 17 Jun 2022
Sky News: Australian labour market ‘really close’ to being at full capacity
Sean Langcake, Head of Macroeconomic Forecasting at BIS Oxford Economics sits down with Sky News to discuss the recent unemployment data, and where interest rates are heading later this year.
Watch and listen to the full interview below:
Tags:
You may be interested in
Post
Eurozone: Little sign of harm from the Red Sea disruptions
The impact of Red Sea shipping disruption on the eurozone economy continues to be limited, in line with our baseline view. Our new Eurozone Supply Stress Indicator suggests that supply pressures have returned to normal following a period of easing in 2023.
Find Out More
Post
Japan inflation to rise to 1.8%, but downside risks are high
Reflecting a surprisingly strong Spring Negotiation result and weaker yen assumption, we have upgraded our baseline wage and inflation forecasts. We now project higher wage settlements will push inflation towards 1.8% by 2027. Uncertainty is high, however.
Find Out More
Post
Riksbank first does not mean Riksbank alone
We think the Riksbank will cut rates in May, before the Federal Reserve and the European Central Bank do so. The Riksbank's monetary policy tightening has had a large impact on the interest rate sensitive Swedish economy, while recent inflation outcomes have undershot Riksbank's forecasts and converged to the target. The effect of an earlier rate cut on the krona is a key risk.
Find Out More