Murray Olds: Australian correspondent on the Reserve Bank of Australia potentially going too hard to reduce inflation
Heather du Plessis-Allan Drive · Newstalk ZB
March 7, 20244m 48s
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Show Notes
There's growing concern Australia's Reserve Bank may have gone too far to reduce inflation.
The RBA infamously pushed the Official Cash Rate up 13 times in a row, and some economists are concerned Australia's economy may suffer as a result.
Australian correspondent Murray Olds says decreased spending has shrunk economic growth in the last three months of 2023.
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Topics
businessmoneyeconomyAustralia