Stephen Miller from GSFM joins us and anticipates a potential rate increase by the Reserve Bank of Australia (RBA) as a response to inflating numbers. Stephen’s opinion is that the RBA should focus on controlling inflation, just as the Federal Reserve consistently does in the United States. He is concerned about the RBA’s unclear stance on inflation, which he feels could solidify expectations of inflation and exacerbate the issue. Stephen points out the amplified fuel prices and escalating labor costs as primary drivers of inflation.

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Stephen Miller

Stephen Miller is GSFM’s market strategist. His expertise in international economic and policy analysis, as well as domestic and global economic and financial market developments, has resulted in him becoming a regular commentator on central banks, rates and inflation.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.

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