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Jobs data shows Delta’s end

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ABS weekly payrolls data confirms the RBA’s liaison feedback that firms were preparing for the end of lockdown. However, it’ll likely make the RBA more confident about the lack of wage-pressure, as that’s the other things they are hearing from liaison.

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Welcome to Signal Macro. Thanks for joining me. Things are just getting started — so this will be the only post for a while. If you’d like to be alerted when a real post is sent, please sign up to the mailing list. There’s a tab called ‘Sign Up’ (top right). Or you can use … Read more