Australia’s central bank is betting the interaction between prices and jobs along the Phillips Curve mean its rapid-fire interest rate hikes will damp inflation without pushing unemployment too high, according to Deputy Governor Andrew Hauser.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-24/rba-cites-phillips-curve-in-bet-its-rate-hikes-won-t-hammer-jobs)