When the Facts Change cover image

We may have slain the inflation dragon

When the Facts Change

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Navigating Inflation and Interest Rates

This chapter discusses the recent drop in inflation rates from 7.3% to 3.3%, while examining the factors influencing this decline, notably imported prices. The conversation addresses ongoing domestic inflation challenges and the potential for the Reserve Bank to adjust interest rates in response to current economic conditions. Additionally, it explores the complexities of monetary policy and the interconnectedness of inflation, mortgage rates, and housing costs.

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