CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: Donald Trump comments, Middle East conflict, inflation, tax
Sally Sara:
The Reserve Bank has hiked interest rates for the second time this year, bringing the cash rate to 4.1percent. The most recent data had inflation running at an annual rate of 3.8, but with the conflict in the Middle East pushing up energy prices, there are expectations that inflation could go higher. Jim Chalmers is the Federal Treasurer and joins me now. Treasurer, welcome back to Breakfast.
Jim Chalmers:
Thanks very much Sally.
Sara:
Just first, before we get to the economy, we've heard USPresident Donald Trump this morning has taken to Truth Social, criticisi...