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Monday, June 21, 2021

Australian inflation expectations are steadily moving higher

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As part of the weekly consumer sentiment survey ANZ ask about inflation expectations.

ANZ highlight expectations are on the move:
As part of the weekly consumer sentiment survey ANZ ask about inflation expectations.

The Reserve Bank of Australia have told us time and again they do not expect a cash rate move until 2024 at the earliest. Lack of wage pressure to drive inflation is on the RBA’s side. We’ll see.  

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