Australia’s Central Bank Says Some Needed Growth in Wages is Needed For Any Inflation Recovery.

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The Reserve Bank of Australia stated that an increase in wage growth is necessary to bring about a much-needed recovery from inflation. The RBA also cautioned that the Australian Dollars rising value could slow down the recovery in economic activity and inflation recovery.

https://www.cnbc.com/2018/02/19/australias-central-bank-wage-growth-needed-for-inflation-recovery.html