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RBA engineering an economic slowdown, but at what cost?
Original: RBA is engineering an economic slowdown but at what cost? Ian Verrender explains | The Business
The Reserve Bank of Australia is deliberately slowing the economy through higher interest rates to curb inflation, and ABC business editor Ian Verrender examines what that costs households, businesses and jobs. His analysis asks whether the trade-off between taming prices and inflicting economic pain is worth it as rate rises bite.
Why now: Australian households and businesses are feeling the impact of RBA rate rises, keeping debate about the bank's strategy live.
Reserve Bank of AustraliaIan VerrenderABCAustralia
Evidence
- RBA is engineering an economic slowdown but at what cost? Ian Verrender explains | The Business · ABC News (Australia) · 102.8K
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