Retired, Widower & a Grandfather. 27 yrs in public service. Believes good people do exist. Lives in Mooloolaba. Not a religious person in any shape or form.
If it’s mostly oil prices that have caused the CPI rise, wouldn’t that be excluded from the trimmed mean which I think they’ve said is their main guiding metric?
Seems counterintuitive to raise and lower interest rates to match oil prices when the oil going up already reduces spending!?! 🤪
September 29, 2026 at 11:41 AM
If it’s mostly oil prices that have caused the CPI rise, wouldn’t that be excluded from the trimmed mean which I think they’ve said is their main guiding metric?
Seems counterintuitive to raise and lower interest rates to match oil prices when the oil going up already reduces spending!?! 🤪