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Friday, October 23, 2026Updated 07:24 UTC

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Jim Chalmers faces a world of hard choices where the solution to one problem makes the other worse

Source: Guardian World · Oct 23, 2026 04:54 UTC

Entrance of the Federal Reserve Bank of Cleveland with its arched windows and statues — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

High inflation, low growth and rising unemployment can be added to the federal treasurer’s wall of worries Get our new political email , free app or daily news podcast Jim Chalmers in a speech last week offered the scant encouragement that the economy would be “a bit better” in a year’s time. Fast forward to Friday morning, and the treasurer revealed that his officials were busy downgrading their

Read the full story at Guardian World

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