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Australia’s Surprising Jump in Unemployment Trims Rate-Hike Bets | Collector
Australia’s Surprising Jump in Unemployment Trims Rate-Hike Bets
Bloomberg Markets

Australia’s Surprising Jump in Unemployment Trims Rate-Hike Bets

Australia’s unemployment rate unexpectedly climbed in April, suggesting the labor market is beginning to cool in response to rising interest rates and an energy shockwave from the Middle East conflict.

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