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...<small>Source: The Guardian — read the original story there.</small>