Published Jun 24, 2026, 2:30 AM ET · Updated 5 months ago · 1 source
RBA Cites Phillips Curve in Bet Its Rate Hikes Won’t Hammer Jobs
bloomberg
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Original Report
INFERY

Australia’s central bank is betting the interaction between prices and jobs along the Phillips Curve mean its rapid-fire interest rate hikes will damp inflation without pushing unemployment too high, according to Deputy Governor Andrew Hauser.