SMH
·general
·18 hours ago
A ceasefire is good. But Trump’s impact on rates is just starting
A ceasefire in the Iran war offers some economic relief, but lasting inflation and interest rate increases are likely. Economists project Australia's inflation rate could surpass 5 percent, deviating from the Reserve Bank’s target. Despite a brief market rally following the ceasefire, the oil supply disruption suggests higher prices may persist for months.
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