RBA Lowe cautions against complacency in managing inflation risks

<p>In his final public speech as RBA Governor, Philip Lowe stated that for inflation to average around 2.5%, wage increases should typically align with productivity growth plus an additional 2.5%. He sees it as a &#8220;reasonable benchmark&#8221;, even it&#8217;s &#8220;not a hard and fast rule&#8221;. Lowe&#8217;s recent attention has been particularly focused on the risk [&#8230;]</p>
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