How China Uncertainty Could Push Back RBA Rate Cut

How China Uncertainty Could Push Back RBA Rate Cut
A bike courier rides past the entrance to the Reserve Bank of Australia (RBA) in Sydney's central business district on April 2, 2013. Greg Wood/AFP via Getty Images
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A bumper Chinese stimulus package could convince the Reserve Bank of Australia (RBA) 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.