Why hiking interest rates would be no 'slam dunk' for the Reserve Bank 

Macrobusiness Chief Economist Leith van Onselen has discussed why he thinks the prospect of the RBA hiking interest rates again is not a “slam dunk”.
“While last week's May CPI indicator was obviously not good news, and it was a shocker. the Reserve Bank minutes that were released today also noted they are concerned the Labor markets are weakening quicker than they expected,” Mr Van Onselen said.
“Given the RBA has a dual mandate on price stability and full employment its concerns around the Labor market will reduce the likelihood of rate hikes.”