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RBA engineering a 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 interest rate rises in its fight against inflation, and ABC business editor Ian Verrender examines the price Australians are paying for that policy. The analysis looks at how higher borrowing costs are hitting households and mortgage holders while the central bank weighs inflation against the risk of pushing the country into a recession.
Why now: Australians are feeling the impact of rate rises and want to understand the RBA's strategy and its costs.
Reserve Bank of AustraliaIan VerrenderABC NewsAustralia
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- RBA is engineering an economic slowdown but at what cost? Ian Verrender explains | The Business · ABC News (Australia) · 100.5K
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