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RBA's decision on interest rates a choice between two evils: recession or inflation (www.abc.net.au)
submitted 6 months ago by to c/ausfinance@aussie.zone
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[–] 2 points 6 months ago

The (RBA’s) problem is we’re all too rich

The bank’s fight against inflation is much harder due to the extraordinary boom in household wealth, which is keeping the economy motoring along. Expect interest rates to stay high.

https://slrpnk.net/post/37557537

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