Jim Chalmers: Employment Rate and Wages Outcomes 'Decoupled

Australians need not be frightened by the thought that only higher unemployment alone will ease inflation, Treasurer Jim Chalmers says.

Earlier this year, incoming RBA governor Michele Bullock used a speech to predict that the RBA expected unemployment to rise to 4.5 per cent, in order for inflation – currently at six per cent – to return to the central bank’s target of two to three per cent.

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