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Top economists see no prolonged high inflation, no rate hike next year

  • Written by: Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Top economists see no prolonged high inflation, no rate hike next yearWes Mountain/The Conversation, CC BY-ND

Despite appearances – especially in the United States – the era of high inflation isn’t set for a comeback in the view of Australia’s leading economists, and most see no need for the Reserve Bank to lift interest rates next year.

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