“I think the bottom line is, when you look at these numbers, unemployment fell and that would make you think that, hang on, if unemployment’s falling, America might need to see more interest rate rises,” Mr Switzer told Sky News Australia.
“What the analysis is, is that the interest rates are starting to work, they’re part of the market, they’re part of the inflation story that wasn’t doing very well, namely wage rises – it’s starting to fall in line.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: