• 11/30/2024

RBA Highlights Mounting Pressure Under Wages in Case for June Rate Hike

Wall Street Journal

The Reserve Bank of Australia’s move to raise the official cash rate in June was “finely balanced,” amid increasing evidence that pressure is building quickly under wage growth.

https://www.wsj.com/articles/rba-highlights-mounting-pressure-under-wages-in-case-for-june-rate-hike-ad4e06fc