Property Investment, Success & Money | The Michael Yardney Podcast cover image

RBA interest rate warning: the global signs aren’t good, with Dr. Andrew Wilson

Property Investment, Success & Money | The Michael Yardney Podcast

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We're Moving Into a Wages Versus Prices Control Environment

The us. Barrel is sowing some signs of moving back upwards, which is a bit of a concern. The price of oil can be quite volatile, but in the shorter term, that has been good news for us at the bowser. And i think it's the point to the us. Versus australia, is that the us. Has very strong wages growth at the moment. That means tey're out spending those wage increases, which is just fuelling inflation. We're moving into that wages versus prices control environment now, which means that the outlook becomes even more clouded. Tat the us. Is clearly suffering and pushing inflation up.

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