Economist delivers 'worst-case scenario' on interest rates as inflation fails to cool
Summary
The Reserve Bank has so far been unable to pull inflation down to its target range of between 2 and 3 per cent. The only option left, it seems, is to take a sledgehammer to demand.
Description from ABC News (Australia).
Who is covering this
-
Economist delivers 'worst-case scenario' on interest rates as inflation fails to cool
The Reserve Bank has so far been unable to pull inflation down to its target range of between 2 and 3 per cent. The only option left, it seems, is to take a sledgehammer to demand.
