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So you still think rates are going to drop next year?

The Money Puzzle

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Is There a Link Between Wages and Inflation?

In the eighties, salaried workers got a pay race over and above inflation. That's how you ended up with this kind of self-fulfilling spiral of wages chasing inflation. For whatever reason is now an explanation of why wages aren't racing up as fast as you might have thought they would be. The australian money cafe will return on Monday at 9pm GMT.

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