Danger zone: why war in the Middle East has landed the RBA’s inflation fight in tricky territory
The Reserve Bank appears ready to push harder against inflation but it comes with a greater risk for the economyThe 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…
This is a short extract from a report by The Guardian. The full text stays with the publisher — follow the link to read it there.
Read at source