Headline inflation means headlines. Trimmed mean means policy
About the author:
- Author name:
- By Michael Knox
- Job title:
- Chief Economist and Director of Strategy
- Date posted:
- 16 July 2021, 9:00 AM
Economic stimulus will continue in Australia for the next couple of years until unemployment possibly reaches its lowest level since the 1960's.
I discuss the conflicting reports about inflation between the media and the central banks. The media publish headline inflation, while central banks look at the trimmed mean measure of core inflation in order to set policy.
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