• Reserve Bank of Australia assistant gov Ellis says bit more confident about pick up in wages, inflation

Market news

13 tháng 2 2018

Reserve Bank of Australia assistant gov Ellis says bit more confident about pick up in wages, inflation

  • Progress, however, expected to be gradual and to lag other advanced economies

  • Weak income growth especially risky given high debt levels

  • Recent enterprise agreements to weigh on wage growth for a while

  • No immediate pick up in wage growth expected, to be gradual thereafter

  • Retail competition to work against a rise in inflation

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