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RBA Cites Phillips Curve in Bet Its Rate Hikes Won’t Hammer Jobs

Bloomberg

BusinessBloomberg·Jun 24, 2026·1 min read

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.

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