RBA Faces Criticism Over Prolonged High Interest Rates π°
The Reserve Bank is under scrutiny for maintaining elevated interest rates longer than expected, amid disagreements from the treasurer on the bank's assessment. Find out what this means for the economy.
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The Reserve Bank is facing pressure for its decision to keep interest rates higher for longer. With the treasurer disagreeing with the RBA's assessment that the economy is running too hot. Charities say real people are hurting and many are turning to their services to help put food on the table.
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Published
Aug 7, 2024
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