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Flat White

Higher interest rates on the cards

12 November 2023

4:46 PM

12 November 2023

4:46 PM

The IMF recently warned the Australian federal government and Reserve Bank of Australia that they needed to take a more proactive approach to inflation by cutting spending and increasing interest rates respectively.

As circumstances stand, the RBA effectively only has the manipulation of interest rates at its disposal to bring down inflation.

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