‘Real conundrum’: Jobs data weakens case for interest rate cuts

Deutsche Bank Chief Economist Philip O’Donaghoe discusses the risks surrounding bringing inflation down in Australia amid interest rate cut case weakening from the latest job data. “The real conundrum we are facing here, we know the RBA wants to see inflation getting back to target,” Mr O’Donaghoe told Sky News Australia. “We have got about a percentage point to go.”