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If interest rates rise again, it may be because inflation fears lost their anchor to reality

The issue of ‘consumer expectations’ of inflation is hotly debated by economists, and might be a key factor in the Reserve Bank’s decision ....

Michele Bullock , Yahdullah Haidari , Sam Tsiaplias , Timo Henckel , Jeremy Rudd , Jonathan Kearns , Gulnara Nolan , Centre For Applied Macroeconomic Analysis , Melbourne Institute , Australian National University , Reserve Bank , Applied Macroeconomic Analysis ,