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Australia, get ready for higher interest rates

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Inset: RBA governor Phil Lowe speaks. Two blurred-out people walk past Reserve Bank of Australia building.
Are higher interest rates on the way? Stephen Koukoulas weighs in. (Source: Getty)

For the first time in many years, central bankers and global investors are witnessing a material pick-up in inflation.

Despite the evidence, which shows inflation lifting…

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