Chalmers claims ‘sustained progress’ against inflation, as government crosses its fingers for rate cut
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
After Wednesday’s encouraging inflation numbers, the Albanese government – and the financial markets – would be shocked if the Reserve Bank doesn’t cut interest rates in February.
Having said that, with interest rates there are no guarantees, especially in a volatile world.
Underlying inflation was 3.2% through the year to...
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