Sure people believe that, but I think Bulloch and the RBA are constrained in what they can say or do.
Two major things moderate inflation
#1 government spending
#2 interest rates.
Like the final year of the Morrison regime. treasurer Chalmers has failed to rein in spending,
firing up the inflation dragon.
Now interest rate rises will tame the dragon,
but there are big risks when the Australian economy is stagnant,
according to figures released this week.
Inflation remains above RBA targets, but there are fears
another rate rise could spark a recession.
Dangerous times.
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