maybe not strictly speaking as a 'rate of change' but the new 'inflated' normal is already causing severe faultlines across the economy.. so even at a rate of 2.5% the damage has already been inflicted and it would actually be extremely irresponsible for RBA to commence easing monetary policy too early due to public pressure
there is structural issues in the economy that need to be addressed by a leader with balls of steel
if we do not address the structural issues we are way more vulnerable to 'inflation' shock now and into the future
