In fact, wages growth has slowed to 3.2%yoy, suggesting that the non-accelerating inflation rate of unemployment (NAIRU) is actually lower than the 4.5% the RBA is assuming. While its assessment ...
In fact, wages growth has slowed to 3.2%yoy, suggesting that the non-accelerating inflation rate of unemployment (NAIRU) is actually lower than the 4.5% the RBA is assuming. While its assessment is ...
"Bottom line is, this comes back to this technical assumption about the so-called NAIRU (the non-accelerating inflation rate of unemployment). It does seem that the banks, as a general rule ...
"The latest drop in wage pressures highlights that the evidence continues to favour a lower non‑accelerating inflation rate of unemployment (NAIRU) than the RBA's 4.5 per cent assumption," Mr Wu ...
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