211 - Rate Cut Prediction on Life Support? Labour Market Holds Strong & COP29 Gets Political

This week on the Dismal Science, Mark and Raph take a look at the latest Australian labour market figures and what it means for Mark's increasingly shaky call for a February rate cut.

Is the RBA being too pessimistic about what the unemployment rate associated with full employment needs to be?

Plus, the Dismal Science takes a metaphorical visit to Baku for COP 29 and finds “upside-down geopolitics” at play.

And will President Trump’s reelection derail the action items out of COP29?

Read more from Mark on the AICD website: https://www.aicd.com.au/news-media/economic-weekly.html

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