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ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus (themarketonline.com.au)

submitted 4 months ago by hanrahan@slrpnk.net to c/ausfinance@aussie.zone

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So 4% huh.. Bullock will look the stooge if she does't raise again surely. I bet Chlamers is on the blower now furiously twlling her what weasel world's to use explain why they must not..

That has traders at Morgan Stanley nervous, who suspect the August RBA meeting could see the national interest rate hiked further – not cut.

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[–] trk@aussie.zone 1 points 4 months ago

Inflation is caused by excess spending, right?

Who the heck has all this spare money to spend?

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