The RBA’s Too Slow Moves Are Extending And Embedding Inflation! [Podcast]

The RBA released their latest Statement On Monetary Policy, which contained a higher forecast inflation rate, and a lower growth forecast, out beyond 2024. Their revisions to growth are down again, while rates would have to be higher for longer.

Compared with other Central Banks, the RBA is being too timid which will mean more pressure on households and businesses for longer.

https://www.rba.gov.au/publications/smp/2022/nov/

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
The RBA’s Too Slow Moves Are Extending And Embedding Inflation! [Podcast]
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Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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