Cliff Notes: Deciphering Signal from Noise in Real Time

Key insights from the week that was. The main event in Australia this week was the July CPI report. It surprised modestly to the upside on both a headline (1.0%/3.5%yr) and trimmed mean basis (0.5%/3.6%yr). Strength in durable goods pricing was a key contributor, including for clothing and footwear, motor vehicles and household contents; however, […]

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