The RBA is not in a good place to risk looking through the Iran energy shock. The question becomes: how bad does the slowdown need to be to beat inflation?
The consumer-price index is widely expected to show 0.3% increases for both the headline and core rates in December — and some analysts see even larger 0.4% or 0.5% increases. So inflation is getting ...
Surging oil prices continue to ripple through the global economy due to the war with Iran.