RBA’s “blunt instrument” hits households as Albanese fumbles on inflation
In a recent interview with the Sydney Morning Herald, Prime Minister Anthony Albanese made what they characterised as a “sharp comment” against the RBA. “Interest rates are a blunt instrument,” “They have an impact on people who have mortgages.” Albanese said. The Prime Minister is correct; interest rates are a blunt instrument in both directions. The post RBA’s “blunt instrument” hits households…
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