I’ve heard journalists say the energy subsidies will bring d...
I’ve heard journalists say the energy subsidies will bring down measured CPI and that would lead the RBA to cut rates faster.
Obviously that ignores demand effects. But, more importantly, it ignores the fact that the RBA targets core (not headline) CPI, which is little affected.
![I’ve heard journalists say the energy subsidies will bring down measured CPI and that would lead the RBA to cut rates faster. Obviously that ignores demand eff...](https://sgsnsimg.moomoo.com/sns_client_feed/151604995/20240515/aecbeb27d08a4519a3a38e5dcf8739d2.jpg/big?area=102&is_public=true)
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