Page 43 - க்யாஂடெஸ் வானெறிக்குழுப்பெயர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Easy Money “The Board will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range. For this to occur, wages growth will have to be materially higher than it is currently. This will require significant gains in employment and a return to a tight labour market. The Board does not expect these conditions to be met until 2024 at the earliest”. The ASX200 opened slightly higher yesterday as the futures had suggested but at 11.30am jumped up an additional 68 points, to be up 85 points, on the release of the minutes of the March RBA meeting. Even though Philip Lowe is beginning to sound a bit like a broken record, as the extract above attests.

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