Danger zone: why war in the Middle East has landed the RBA’s inflation fight in tricky territory
- Middle East: 92 events in the last 90 days
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What happened
The Reserve Bank appears ready to push harder against inflation but it comes with a greater risk for the economy The fight against inflation has entered a new, more dangerous phase. For years, the Reserve Bank has been attempting, as gently as possible, to steer inflation back to its 2.5% target while trying to retain as many of the post-pandemic job gains as possible. Continue reading...
Summary assembled by rule from the sources below