Central bankers are likely to be particularly wary of signs of wage growth quickening, which some officials see as potentially feeding into higher prices that are inconsistent with their 2 per cent inflation target.

Source: https://www.smh.com.au/business/markets/us-jobs-wages-data-keeps-fed-on-track-to-raise-interest-rates-20230708-p5dmrf.html?ref=rss&utm_medium=rss&utm_source=rss_feed