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RBA Lowe cautions against complacency in managing inflation risks

RBA Lowe cautions against complacency in managing inflation risks
In his final public speech as RBA Governor, Philip Lowe stated that for inflation to average around 2.5%, wage increases should typically align with productivity growth plus an additional 2.5%. He sees it as a “reasonable benchmark”, even it’s “not a hard and fast rule”. Lowe’s recent attention has been particularly focused on the risk […] The post RBA Lowe cautions against complacency in managing inflation risks appeared first on Action Forex... Read More
Posted: Sep 7 2023, 03:52
Author Name: actionforex
Views: 111541

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