Inflation stalls at 4% as price pressures persist warns Warren Hogan
Mike is joined by Warren Hogan, managing director of EQ Economics and economic adviser to Judo Bank, who notes that inflation stopped falling late last year and is now steady around 4%.
The RBA’s forecast for core inflation is 3.4% by December 2024, requiring a significant drop in quarterly inflation. However, recent data from June and July shows no easing of price pressures.
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