[edited for typos — too many to ignore]
You can always tell when opinions intrude in what is put forward as an analysis by the fact that these authors (quite a few of which stuff the ABC) cherrypick a few, a minimal number of easy to digest figures to show not what it all means in terms of economic theory and their effects on our hip pocket, but to castigate a political figure (for these ‘analysts’, that woud be ChalmersMP) and to tell us all what the Federal or State treasurers ought to be doing. Peter Crowley stands as a good example of a Grattan Institute mole in our Fourth Estate. Problem is, most of the electorate will gob his shit as truth telling.

No link, the article is not worth reading. Its subtext is all about neoliberal thinking and how the Libs and Nats are undoubtedly better economic managers. If you’re still interested, it’s on the ABC web site.

This is, of course, only my opinion on #NeoLiberals

#Auspol #Economy #InflationFIgures #RBA #JimChalmers

U.K. Inflation Eased in November, Following Global Trend

Slight fall in inflation rate is unlikely to prevent further interest-rate rises from the Bank of England

The Wall Street Journal
Europeans Cut Back on Spending, Pointing to Recession Ahead https://www.wsj.com/articles/europeans-cut-back-on-spending-pointing-to-recession-ahead-11670234545 #EconomicPerformance/Indicators #InflationFigures/PriceIndices #Corporate/IndustrialNews #ConsumerSpendingFigures #consumerspendingfigures #Lay-offs/Redundancies #C&EIndustryNewsFilter #c&eindustrynewsfilter #economicperformance #RetailSalesFigures #retailsalesfigures #Retail/Wholesale #inflationfigures #Labor/Personnel #WSJ-PRO-WSJ.com
Europeans Cut Back on Spending, Pointing to Recession Ahead

In contrast to the U.S., retail sales in Europe fell sharply as consumers were hit by much higher heating and electricity bills

The Wall Street Journal
A Central Bank That Raised Rates Early Now Talks Up Recession

Reserve Bank of New Zealand governor says the attempt to slow economic spending is deliberate as inflation expectations are targeted

The Wall Street Journal