The RBA's Approach to Inflation and Interest Rates: A Squeeze on Australian Households
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#aac29bac ver:0.23

The RBA is tightening interest rates to control inflation, squeezing Australian households. Inflation has fallen, but the RBA remains concerned. They will keep interest rates unchanged for now, but a rate cut is still possible. The squeeze has led to weak economic growth and decreased savings. Interest rates can't fix supply-side problems. The Australian dollar fell, but the ASX 200 stock benchmark rose on the RBA's decision. #RBA #inflation #interestrates #economy...

#newstr #Rba #InterestRates #Inflation #EconomicGrowth #HouseholdConsumption #DisposableIncome #Demand #Unemployment #SupplysideProblems #AustralianEconomy 

 https://here.news/story/aac29bac?ver=0.23