Inflation expectations bounce back

Thursday 12 July 2012

Westpac-Melbourne Institute inflation expectations is out for July and bounced back to 3.3%. I guess that’s one less happy result from the recent interest rate cuts. Here are the internals:

Looks like the Australian community are a bunch of monetarists!

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.