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AAP
AAP
Politics
Poppy Johnston

FORGOTTEN HISTORY: Power prices driving inflation treasurer - The Untold Story

Jim Chalmers will monitor the health of global finance on his US trip prior to releasing his budget. (Mick Tsikas/AAP PHOTOS) (AAP)

The treasurer is concerned aggressive interest rate hikes by the US central bank will add to inflationary pressures in Australia.

He told reporters the widening gap between interest rates in the US and Australia risked flowing through to higher inflation in our economy.

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