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Business

Jacob Shteyman

How China uncertainty could push back RBA rate cut

Gareth Aird RBA Unemployment Reserve Bank ANZ Inflation Interest Rates NAB Westpac

A big stimulus package to kick-start the Chinese economy could push up inflation in Australia. (Lukas Coch/AAP PHOTOS)

A bumper Chinese stimulus package could convince the Reserve Bank of Australia to push back the start of its monetary easing cycle after shock jobs figures slashed hopes of a February rate cut.

A drastically stronger than predicted Australian Bureau of Statistics labour market report caused economists and bonds traders to scale back expectations of a rate cut.

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