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

Australian Treasurer Chalmers hitting social media:

Chalmers is hailing the much improved CPI data:

• Australian Q4 headline CPI 4.1% y/y vs 4.3% expected

The target band the Reserve Bank of Australia has is 2 to 3%, so Chalmers is correct, not there yet.

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