Interest will now shift to September quarter wage rate index figures owing for launch by the Australian Bureau of Figures on fifteen November. A sharp pickup in wages may perhaps prompt pundits to predict a again-to-again amount increase in the event the RBA subsequent satisfies on 5 December.
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“My expectation would be that the RBA will not likely hurry into Yet another fee increase in December but in its place evaluate inflation and progress trends above the subsequent couple months, with a potential additional charge rise in February When the [December quarter buyer price index] on 31
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