This week saw some important news on inflation with headline inflation unchanged at 3.4% which was less than expected. While the RBA is not rushing to change its stance, it was pleasing to see lower than expected levels of inflation in February with forecasts of a further slowing in inflation to 3.3% by June, which should see the start of rate cuts by around mid-year.
Join AMP's Chief Economist Dr. Shane Oliver and Deputy Chief Economist Diana Mousina as they unpack the data, look at COVID's legacy and its lasting effects on inflation and our economy.
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