RBA Sees First Rate Hike in 2024 as Wage Growth Sluggish.

Keywords: %AUD; 40005Z@AU; ASIA; AU; BON; BUSINESS; COS; DRG; FRX; GOV; HEA; INDUSTRIES; MARKETS; WORLD EN %AUD 40005Z@AU ASIA AU BON BUSINESS COS DRG FRX GOV HEA INDUSTRIES MARKETS WORLD The Reserve Bank of Australia sounded an optimistic note on the economy, while maintaining that faster wages growth and inflation will take some time and the first interest-rate increase is unlikely before 2024. R22QLRDWRGG2 (Bloomberg) -- The Reserve Bank of Australia sounded an optimistic note on the economy, while maintaining that faster wages growth and inflation will take some time and the first interest-rate increase is unlikely before 2024. [Extracted from the article]