These reports provide further reasons for interest rates to remain on hold.
More Quotes from Jarrod Kerr:
I think the bank (RBA) will welcome that with open arms and it will further confirm their idea to sit on the sidelines at this stage and ride out the blip in oil prices.Jarrod Kerr
The Reserve Bank has no need to tighten or to ease rates.
Jarrod Kerr
Growth in employment this year is likely to be substantially lower than over the past year. In that sort of environment, we forecast the central bank will leave interest rates unchanged for the rest of the year.
Jarrod Kerr
We don't think there is anything to warrant a rate move from the central bank. Even though building approvals rose in November, housing is still in correction mode.
Jarrod Kerr
There's no need for the central bank to raise interest rates again.
Jarrod Kerr
It's a pretty disappointing number, much below market expectations and our own. Exports were particularly disappointing.
Jarrod Kerr
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