Australia's Employment Data Aligns with Market Expectations

Australia's employment figures for the previous month met market expectations, indicating an increase in full-time hiring by businesses. According to RTHK, the likelihood of the Reserve Bank of Australia raising interest rates by 0. 25% at its May meeting has risen to approximately 77%. The Australian Bureau of Statistics reported a net increase of 17,800 in employment numbers for January, aligning with forecasts, while December's employment figures were revised to show a growth of 68,500 source: https://www.binance.com/en/square/post/293282979185825?utm_source=BinanceNewsRSS