RBA Says Job Market Is Too Tight to Keep Inflation at Target
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AI-PoweredThe RBA's Assistant Governor, Sarah Hunter, believes that Australia's labor market is too tight to achieve the central bank's 2-3% inflation target, indicating potential interest rate adjustments.
Market impact analysis based on bearish sentiment with 72% confidence.
Article Context
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.
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