Treasurer of Australia Chalmers says lower inflation welcome but job not yet complete

<p>Australian Treasurer Chalmers hitting social media:</p><p>Chalmers is hailing the much improved CPI data:</p><ul><li><a href="https://www.forexlive.com/news/australian-q4-headline-cpi-41-yy-vs-43-expected-20240131/" target="_blank" rel="follow" data-article-link="true">Australian Q4 headline CPI 4.1% y/y vs 4.3% expected</a></li></ul><p>The target band the Reserve Bank of Australia has is 2 to 3%, so Chalmers is correct, not there yet. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.