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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...
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Posted: Sep 7 2023, 03:52
Author Name: actionforex
Views: 111541