Reserve Bank: No Rate Hike Despite Inflation
Adelaide News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Senior economist Matt Grudnoff argues against an interest rate hike by the Reserve Bank of Australia, citing surging fuel prices as a supply shock, not a demand issue. He believes rate hikes wont lower petrol prices and wont address the core issue, potentially causing unnecessary pain for households.
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