RBA Says Job Market Is Too Tight to Keep Inflation at Target
Australia’s labor market is too tight for inflation to settle within the central bank’s 2-3% target, Reserve Bank Assistant Governor Sarah Hunter said Thursday, even as policy makers try to...
By Nasteho Said · Bloomberg Markets
Australia’s labor market is too tight for inflation to settle within the central bank’s 2-3% target, Reserve Bank Assistant Governor Sarah Hunter said Thursday, even as policy makers try to gauge how close the economy is to full employment.