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New Australian government, same global concerns

NAB Morning Call

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Can Base Effects Affect Inflation?

The markets are forecasting, am, a pull back on on the annual rate for pc de flader. But again, it could just be a base effect impact. I mean, any any bit of inflation uses is, is watched keenly by by markets. That's why your master, fed master said last last week that, you know, september will be important for the fedge. And i think ye will be interesting, will be in september when the fed up dates its a dot plot forecast. Will provide new numbers forin a new year. So that'll be interesting for markets to see.

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