Australian inflation picks up from lows

03 October 2016

 

Central banks around the world are fretting. Not because inflation is out of control and affecting investment decisions and eroding people’s savings as it did during the 1970s and 1980s. Rather the central banks are fretting because they want more of it.  Bizarre as this may sound, central bankers think a modest amount of inflation is a good thing. Indebted governments also like inflation as it erodes the value of...

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