Inflation psychology: Raising prices and getting away with it - Sydney Morning Herald

Uncooperative workers are not the RBA’s problem when it comes to fighting inflation, it’s big business using the current environment to slip in a little extra for themselves.

All this is why the latest leap in inflation has led some economists to worry that, if expectations become unanchored, inflation may become entrenched at a much higher level. This fear explains why … [+4755 chars]

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