RBA facing 'lesser-of-two-evils' choice between recession or inflation
www.abc.net.au
If there's any certainty about the RBA's interest rate verdict, it's that it will be a split decision.
  • Hanrahan@slrpnk.netEnglish
    0·
    5 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