Inflation is here. The RBA fears we could talk prices up even further - Sydney Morning Herald

Since becoming RBA governor in 2016, Philip Lowe has not talked about inflation psychology. That’s all changed amid fears we could talk up higher prices.

Were watching very carefully for any shift in inflation psychology. If that shift were to occur, inflation would be higher and more persistent and we would need to respond to that over time, he said.… [+1975 chars]

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