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Fri Jul 21

Australia is on the brink of ending interest rate hikes and an economic first – beating inflation without a recession

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

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What if Reserve Bank Governor Philip Lowe and his successor Michele Bullock were able to achieve something truly remarkable – a steady decline in inflation without further interest rate increases, and without bringing on a recession.

It’s suddenly looking possible. Inflation is now coming down so quickly worldwide...

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