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Economics

FOMC holds rates as Chalmers boasts 'our inflation is lower'

Treasurer Jim Chalmers has boasted about Australia's inflation rate in comparison to the US as Federal Reserve chair Jerome Powell flags uncertainty.

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Read more: CPITreasurer Jim ChalmersJerome PowellUS Federal ReserveReserve Bank of AustraliaGareth AirdPaul BloxhamAustralian Bureau of StatisticsCommonwealth Bank