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Chief economist update: RBA stuck in slow inflation lane

Without a significant lift in wages to push inflation higher, there also wouldn't be sufficient demand to pull consumer prices up.

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Read more: FedMonetary PolicyAustralia CPI inflationAustralian Bureau of StatisticsAustralian dollarFOMCJean-Baptiste Aphonse KarrTreasury Inflation Protected SecuritiesUS Treasuries