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AAP
AAP
Politics
Jacob Shteyman

Economists to pore over jobs data, Reserve Bank minutes

The Reserve Bank has targeted unemployment to help cool demand and ease persistent inflation. (Joel Carrett/AAP PHOTOS)

Unemployment data will give the Reserve Bank an idea of how its interest rate hikes are affecting Australia's economy, as a readout of its last meeting informs economists of its thinking.

The Reserve Bank's decision to raise the cash rate to 4.6 per cent in September was more emphatic than many expected, with all nine board members voting unanimously in favour of a hike.

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