Why the RBA's interest rates rise won't work - The Saturday Paper


6/10/2022 12:00:00 AM2 years 10 months ago
by Richard Denniss

The decision by the Reserve Bank of Australia this week to increase official interest rates by half a percentage point surprised many. The bank is a notoriously conservative organisation. It usually likes to take things slowly. As it spent the last year sugge…

The decision by the Reserve Bank of Australia this week to increase official interest rates by half a percentage point surprised many. The bank is a notoriously conservative organisation. It usually … [+9330 chars]

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