• 11/11/2024

No Evidence of a Wage-Price Spiral in Australia, RBA Board Member Says

Wall Street Journal

There’s no evidence in Australia of a developing wage-price spiral and long-term inflation expectations remain well-anchored, said Ian Harper, a member of the central bank’s interest-rate setting board.

https://www.wsj.com/articles/no-evidence-of-a-wage-price-spiral-in-australia-rba-board-member-says-dd64e9f1