The rise in profits is strikingly different from previous crises that have all seen profits fall. This suggests that strong pent-up demand created an environment for many firms to boost profit margins. [14]  Risk of a wage-price spiral ultimately depends on inflation expectations These developments pose two relevant questions for monetary policy. The first question relates to the outlook for real wages.
Then, over the second half of the year, growth slowed and this lower pace continued into 2019.  https://www.rba.gov.au/speeches/2019/sp-gov-2019-05-21.html  1/16  5/21/2019  The Economic Outlook and Monetary Policy | Speeches | RBA  Graph 1  There are a few factors that help explain this slowing in the global economy. The first is a slowdown in the Chinese economy.