However, he attributed persistent inflation, or the “elephant in the conference room,” largely to lagging pressures, such as shelter and insurance costs, underscoring that the fight against rising ...
On Friday, the central bank kept benchmark repo rate unchanged at 5.25%, but raised FY27 inflation projections to 5.1% -- 50 bps higher than 4.6% projected in April. As higher energy prices ...
The biggest losers are young Australians. Unless inflation can be tamed, wealth inequality will be Covid’s defining legacy.