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Australian Prime Minister Albanese says there isn't a wage-price spiral

Australian Prime Minister Albanese says there isn't a wage-price spiral
Given wage rises, rising prices, and low productivity growth there really sorta is ....But don't say it out loud. The Reserve Bank of Australia hiked its cash rate at their meeting on June 6. There is likely to be further to come:Goldman Sachs are looking for peak RBA cash rate of 4.85% in September 2023 (4.35% pri,expect another rate hike) This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jun 9 2023, 03:23
Author Name: forexlive
Views: 081258

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