I am surprised no-one seems to be questioning the RBA's recent tightening policy to fight inflation.
The RBA stupidly overlooked the fact that the high inflation was predominantly due to high petrol prices and not discretionary spending.
The RBA went too far with their increases and now suddenly find themselves with an economy that is threatening to shudder to a standstill, if not going backwards. This cut stinks of the RBA smashing the panic button.
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I am surprised no-one seems to be questioning the RBA's recent...
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