Did we not recover from 2022? We'll do the same again
You do realise the market has all that negativity priced in? Let's just see how we finish the month out before getting all excited
The only reason we got inflation so high in the first place was because businesses rorted it after the covid crash & still are (posted this image a few weeks ago) Even with manufacturing & supply chain cost ls falling
But we live in a capitalist world Leave your prices too high & competition will come along & take your market share Inflation is falling & will return to normal soon enough As will interest rates Not 0.1% rates but a more reasonable 1-1.5% Which is much lower than we are now
US are expecting 3.1% YoY cpi tomo I remember everyone saying it will take years to bring that down Australia will follow as the sheep that they are Wasn't it 18 months time frame from the rba to get our inflation down? At current rates we will get that this year & we'll prob hit 0 before the end of year
(20min delay)