What happens if interest rates don't go up soon? The inflation 'genie' will be out of the bottle - ABC News

The Reserve Bank's cash rate target has sat at 0.1 per cent since the height of the pandemic despite a seemingly well-performing economy. So, should it be higher? That's where it gets a bit messy, writes David Taylor.

Australian economic policy is getting rather awkward. Let me explain. The economy is performing well, on paper at least. There's just one problem: a key policy lever is acting like the economy is in… [+5992 chars]

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