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AAP
AAP
Business
Jacob Shteyman

Economy shrugs off tariff turmoil to outperform peers

Inflation Economy OECD RBA Australia Jim Chalmers Donald Trump Reserve Bank the Federal Reserve
US tariffs continue to cause uncertainty in the global economy, the OECD warns in its latest report. (Ben Symons/AAP PHOTOS)

An influential global economic organisation is warning central banks to be vigilant about inflation, as it fires a broadside at Donald Trump's political interference with the Federal Reserve.

The Paris-based Organisation for Economic Co-operation and Development lifted its inflation forecasts for Australia in its September economic outlook, released on Tuesday.

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