Jobs and inflation to trigger higher rates? | AMP Capital

Jobs and inflation to trigger higher rates?   The labour market is strong, with higher employment levels than pre-COVID, a record participation rate and a low unemployment rate of four per cent. Alongside increasing inflation, that’s enough trigger a rise in the official cash rate by the Reserve Bank of Australia (RBA), most likely when the RBA board meets on Tuesday (3 May). The pace of Australian jobs growth slowed last month, but that was …