Sticky US inflation just made the RBA’s cut call harder
Four months after the Fed cut rates, inflationary pressures appear to be building in the US. The lesson is unlikely to be lost on the Reserve Bank as it prepares to make its rates decision next week.
“Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!!” he declared on the social media site Truth Social, with his usual grammatical flourishes. “Lets Rock and Roll, America!!!”
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
