Thursday, April 13, 2023

Reserve bank admits they got it wrong


Reserve Bank Governor Philip Lowe has been slammed by Aussies for repeatedly claiming interest rates would not rise until ‘2024 at the earliest’. Picture: NCA NewsWire/Gary Ramage

 

After slugging hardworking Aussies with 10 consecutive rate rises and failing to curb inflation, Reserve Bank of Australia officials have finally admitted they “did a terrible job”. https://tinyurl.com/mrx7wh96

 

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