Is the inflation genie stirring?

Rate cuts actually undermine national confidence … now as the cutting cycle comes to an end, inflation emerges as the key risk.

Many market observers have been hoping in recent times the rapidly changing global economic consensus might force a rethink on domestic economic prospects.

For the most part, there does seem to be this budding national optimism – due largely to the rebounding iron ore price and perhaps the fact that Aussie stocks are up some 12% over the year.

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