Sometimes good news is bad news.

The good news about our unemployment figures and the number of new jobs created is, in some ways, bad news for those hoping for interest rates to drop.

So what does the latest data mean for interest rates?

How does the Reserve Bank even decide what to do with rates?

What are the factors involved in their decision-making process?

That's what Dr. Andrew Wilson, Chief Economist of My Housing Market, and I discussed today. We chat about what's ahead for interest rates and why he's concerned that the Reserve Bank may not drop interest rates anytime soon.

Links and Resources:

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Get a bundle of eBooks and reports – www.PodcastBonus.com.au

Join Dr. Andrew Wilson and me at Wealth Retreat 2024 on the Gold Coast in April 2024 – click here to find out more

Shownotes plus more here: 3.7% Unemployment: Has Australia Kissed Rate Cuts Goodbye? Dr. Andrew Wilson Weighs In