Peter Tulip
With underlying inflation accelerating, despite large fiscal subsidies, the economy appears to be operating beyond its sustainable capacity. The outlook for inflation, under unchanged policy, would be for a prolonged return towards the target. If the RBA signals acquiescence with that, inflation expectations will increase, leading to more unemployment in future. So further tightening is needed.
Outcome date:
Sunday 05 November 2023
Current rate:
12 months:
6 months:
Surname:
Tulip
3 Years:
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