RBA: Inflation has picked up and a further increase is expected

RBA: Inflation has picked up and a further increase is expected RBA CentralBanks AUDUSD InterestRate Inflation

Will assess incoming information as its sets policy to support full employment in Australia and inflation outcomes consistent with the target.

Given the tightness of the labor market, a further pick-up in aggregate wages growth and broader measures of labour costs is in prospect. The main sources of uncertainty relate to the speed of resolution of the various supply-side issues, developments in global energy markets and the evolution of overall labor costs.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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