Article 6VCNY The RBA is cutting interest rates and unemployment is at historic lows. This is not supposed to be happening | Greg Jericho

The RBA is cutting interest rates and unemployment is at historic lows. This is not supposed to be happening | Greg Jericho

by
Greg Jericho
from on (#6VCNY)

There is a long path back to recovering our lost living standards, but now we can have some hope that the worst is behind us

Wages growth is slowing, unemployment is at historic lows and the Reserve Bank is also cutting rates. Welcome to the weird economy of 2025.

In this crazy world where we have an authoritarian in the White House who wants to be friends with Russia - and enemies with Canada - it is good to occasionally realise that what is happening has not always been happening.

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