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Chris Richardson

Why we should be optimistic about inflation and jobs

The Reserve Bank’s smashing of demand gets all the headlines. But the good news on job supply is really turning the inflation tide.

In January, I held the most optimistic inflation forecast of any economist I knew, seeing CPI gains through calendar 2023 at just 3 per cent.

The jobs miracle could be the answer on inflation.  Tamara Voninski

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Chris Richardson is an independent economist.

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    Original URL: https://www.afr.com/policy/economy/why-we-should-be-optimistic-about-inflation-and-jobs-20230724-p5dqos