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Could record wage rises lead to an economic disaster?

The annual growth in wages was 4%. What impact will this have on future inflation readings, what the Reserve Bank decides to do with interest rates and a possible recession? ....

United Kingdom , Shane Wright , Fiona Geogiakakis , Angelina Bruno , Jessica Dunphy , Reserve Bank , Consumer Price Index , Pipeline Inflation Indicator , Inflation Pipeline ,

Reserve Bank offers a VERY bleak prediction about Australia's future

The Reserve Bank, now led by Michele Bullock, is worried about inflation staying higher than forecast with a new paper warning consumers will suffer if workers aren t more productive. ....

New South Wales , Angelina Bruno , Jonathan Hambur , Fiona Georgiakakis , Kim Nguyen , Jessica Dunphy , Michele Bullock , Chris Minns , Sa Reserve Bank , Australian Securities Exchange , Reserve Bank , Australian Securities ,