ANZ says higher wages will ‘eventually’ require RBA action

ANZ comments on the RBA’s “exceptionally stimulatory” monetary policy.

The impact of this will be that wages growth will “accelerate meaningfully” in 2022 and 2023.

ANZ add that higher growth in wages is likely to persistent and it’ll eventually require the RBA to move policy into “restrictive territory”.

rba anz wages25 February 2022

via ANZ tweet

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