SYDNEY (Reuters) – Australian Treasurer Jim Chalmers stated on Sunday he anticipated this week’s federal spendingplan would assistance ease the nation’s stubbornly high inflation, as lotsof Australians continue to grapple with cost-of-living pressures.
“We do anticipate the budgetplan, as I stated, to put down pressure on inflation rather than upward pressure on inflation,” Chalmers stated in an Australian Broadcasting Corp tv interview aired on Sunday.
Reserve Bank of Australia financialexperts projection customer inflation, which was 3.6% in the veryfirst quarter, to choice up to