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
bloomberg
·
Original Report
INFERY
RBA Cites Phillips Curve in Bet Its Rate Hikes Won’t Hammer Jobs

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.