There’s nothing quite like the combination of an idiot MSM and a lying pollie:
Stubbornly high inflation could force the Reserve Bank to deliver an additional three rate hikes and risk recession, after surging holiday and electricity prices drove inflation to its highest level in more than 30 years.
Consumer price growth lifted to 7.8 per cent in the year to December, up from 7.3 per cent in September. The stronger-than-anticipated acceleration in annual inflation was driven by a near 9 per cent jump in household power bills and a 13 per cent leap in domestic travel and accommodation.
