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Murray Olds: Australian correspondent on the Reserve Bank of Australia potentially going too hard to reduce inflation

EPISODE · Mar 7, 2024 · 4 MIN

Murray Olds: Australian correspondent on the Reserve Bank of Australia potentially going too hard to reduce inflation

from Best of Business · host Newstalk ZB

There's growing concern Australia's Reserve Bank may have gone too far to reduce inflation. The RBA infamously pushed the Official Cash Rate up 13 times in a row, and some economists are concerned Australia's economy may suffer as a result. Australian correspondent Murray Olds says decreased spending has shrunk economic growth in the last three months of 2023. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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Murray Olds: Australian correspondent on the Reserve Bank of Australia potentially going too hard to reduce inflation

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