Episode Details

Petrol prices surge in Australia due to Middle East conflict, raising inflation concerns; Reserve Bank Governor Michele Bullock monitors energy disruptions impact on global growth and price pressures; Inflation steady at 3.8%, underlying measure at 3.4%; Next rate decision on March 17th, with potential for back-to-back increases; Key data drops this week include consumer and business confidence surveys; Markets plummet amid weak jobs data and rising fuel costs.

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