"They rushed this": why the Reserve Bank got it wrong by raising rates
With inflation driven by Christmas holidays and data centres for artificial intelligence, the RBA didn’t need to raise the interest rate this week, argues Matt Grudnoff. On this episode of Follow the Money, Matt Grudnoff joins Ebony Bennett to discuss big economic reform opportunities facing the government and why the Reserve Bank of Australia is so cautious about cutting rates, yet so quick to hike them up. Join economist, author and former Greek finance minister Yanis Varoufakis and friends in Adelaide on Sunday 1 March and in Sydney on Thursday 5 March. Tickets are selling fast, so…
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