JobKeeper and ‘excessive’ stimulus to blame for high inflation
Pandemic stimulus dramatically overcompensated for lost income and, along with rock-bottom interest rates, drove inflation 3 percentage points higher, research shows.
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### Instruction: JobKeeper and ‘excessive’ stimulus to blame for high inflation

### Response: Pandemic stimulus dramatically overcompensated for lost income and, along with rock-bottom interest rates, drove inflation 3 percentage points higher, research shows.