RBA's Ellis may talk on labor market, underemployment

By Sophia Rodrigues

RBA Assistant Governor Luci Ellis will be speaking at AI Group Business Lunch event this afternoon. The speech is due at 1:55PM Sydney time.

The topic of the speech has not been revealed but it is likely labor market will be a key theme, and within that underemployment. Given recent forecasts of RBA rate hikes starting as soon as late-2022, one cannot discount the possibility that Ellis will reiterate the RBA guidance that rate hike is still some way off.