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

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

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