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Dominic Pelle
Sky News Australia
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Comments by "Dominic Pelle" (@dominicpelle7841) on "Labor blaming everybody else for rising inflation, says Jane Hume" video.
Jane can't tell between rising inflation and lowering inflation... It went down from 6% to 5.4%. But repeat it often enough and the sheep will go Baa Baa
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International Monetary Fund @Prognosis__ Sydney: Australia’s economy has been resilient, even though growth is forecast to slow to 1¼ percent in 2024, in response to tighter macroeconomic policies and financial conditions. Unemployment remains low, output above potential, and housing prices have picked up after a correction in 2022. Risks to the outlook stem from high and persistent inflation, a more uncertain global environment, and climate-related shocks. While headline inflation has peaked, its decline is slow and core inflation remains sticky. The authorities have implemented several policy measures which have significantly contributed to stabilizing the economy and reducing inflation, but staff assess that more is needed to bring inflation back to target and keep inflation expectations anchored. Continued coordination between fiscal and monetary policy is key to achieving a soft landing, while alleviating the impact of policy tightening on vulnerable households. ADULT TALK IS GOOD
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