Economists are revising their rate cut predictions after the latest ABS figures revealed inflation is trending back up. But there are reasons to relax

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“Real wages are growing at their strongest rate in five years, inflation has a two in front of it and interest rates have been cut three times in the last six months.”

It was just last month that Jim Chalmers kicked off his economic reform round table with that familiar spiel, ticking off the economy’s happy progress over recent years.

Source: Guardian - World News