Another bullhawk takes flight, as usual at the corrupt AFR:
The consumer price index for the March quarter will be released on Wednesday and is forecast to show an acceleration to 0.8 per cent, from 0.6 per cent. This would take the annual pace to 3.4 per cent, from 4.1 per cent in the 12 months to the end of December.
Such a result would still be well outside the RBA’s 2 per cent to 3 per cent target as the economy adapts to higher borrowing costs.
