Why the Reserve Bank can’t stop raising rates

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Added 1 year ago by XaniaNews

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Inflation seems to be slowly coming down, but the Reserve Bank has raised interest rates again, for the eleventh time in a year. So what’s going on?
And when will the prices of everything from food to rent return to normal? In this episode, business reporter Nassim Khadem on why that’s going to take a while yet. Subscribe: https://ab.co/NewsDaily

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Category: News and politics
Tags: Australia, abc, abc news

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