Business
Traders betting the RBA will soon raise rates may get burned – The Sydney Morning Herald
Investors expecting Australia to follow New Zealand and South Korea with interest rate hikes in a matter of months don’t see…
But such strong inflation outcomes would be a significant shock given the lack of upward pressure on prices from wages. A lack of churn in the labour market compared with economies like the US keeps Aussie wage growth down. Then theres the fact that much…
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