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ICYMI - RBA Gov. Lowe said lifting productivity growth a greater challenge than inflation

ICYMI - RBA Gov. Lowe said lifting productivity growth a greater challenge than inflation
Reserve Bank of Australia Governor Lowe spoke at the G20 finance meeting in India, alongside Australian Treasurer Chalmers.On inflation and productivity:The reality that most of us face is that productivity growth has slowed down in most of our economiesIt means lower sustainable growth in real wages, it means a limited increase in output as well. low productivity growth means economic and social problems I agree the immediate consequence and the immediate challenge is to get inflation down. "We... Read More
Posted: Jul 18 2023, 03:31
Author Name: forexlive
Views: 102671

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