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Interest Rates and Inflation

Writer's picture: Neale ForbesNeale Forbes


 

From Media Release. Statement by Philip Lowe, Governor: Monetary Policy Decision Number 2022-41 Date 6 December 2022.

"The Board expects to increase interest rates further over the period ahead, but it is not on a pre-set course."

Thank god! A lot of what causes inflation is beyond the public's control in my humble opinion.




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