Unemployment rate drop could see ‘aggressive’ interest rate rise

Sky News Australia

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Unemployment rate drop could see ‘aggressive’ interest rate rise

The Switzer Report founder Peter Switzer says if the unemployment rate goes down the Reserve Bank will need to be “aggressive” with interest rate rises. “It’s kind of a crazy situation where you kind of want it to rise if you’re worried about interest rates hurting the economy, hurting households,” he told Sky News Australia.