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submitted 1 year ago by [email protected] to c/[email protected]

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Question is will this change much in how the RBA handles interest rates?

Will they fully implement the changes recommended?

If inflation still does not come under control and interest rates go up will this renew skepticism about the RBA inflation policy ?

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[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

Exactly. The RBA can do exactly 1 thing to try and curb inflation - raise interest rates. It's literally their only move.

The government are the ones that need to be doing more to combat inflation. It shouldn't be up to the RBA to try and lower inflation.