Australia central banker sees signs of labour market easing - Yahoo Finance

SYDNEY, Oct 19 (Reuters) - A senior Australian central banker flagged on Monday signs that the labour market was ‌loosening faster than expected, but cautioned against reading too ‌much into a month of data. Christopher Kent, assistant governor of the Reserve Bank ​of Australia, said markets had trimmed the probability of another hike in interest rates after data last week showed unemployment unexpectedly hit a five-year high of 4.7% in September - and that move ‌made sense. "I'd always be ⁠a bit cautious about the monthly numbers," said Kent, who heads the RBA's financial markets unit, at ⁠a banking conference.