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Australia flagged as a global leader in a war-battered, inflationary world
The Reserve Bank of Australia plans more rate hikes to combat inflation projected at 4.1% this year amid strong growth of 2.3%, driven by energy-price shocks from the Iran conflict.
Summary by Sydney Morning Herald
3 Articles
3 Articles
Sydney Morning Herald+2 Reposted by 2 other sources
Australia flagged as a global leader in a war-battered, inflationary world
The Reserve Bank has signalled it will push up interest rates even if the war in Iran delivers a short- term hit to the economy as a new report predicts Australia will have one of world’s fastest growing nations with some of the highest inflation this year and next.
·Sydney, Australia
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Total News Sources3
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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