The brutal redistribution at the heart of the RBA's interest rate policy
Summary
RBA officials argue the hit to borrowers' income isn't the main way rate rises lower inflation. But they often omit a key fact.
Description from ABC News (Australia).
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The brutal redistribution at the heart of the RBA's interest rate policy
RBA officials argue the hit to borrowers' income isn't the main way rate rises lower inflation. But they often omit a key fact.
