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RBA’s Kent Says Labor Market Loosening Faster than Predicted

Bloomberg Markets·October 19, 2026·1 min read

Australia's labor market is softening faster than the central bank expected, Reserve Bank Assistant Governor Christopher Kent said, underscoring the tradeoff policymakers face as they seek to slow inflation while preserving employment gains. Kent's remarks suggest the RBA may need to adjust its policy approach.

Read at Bloomberg Markets
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