this post was submitted on 15 Aug 2023
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The RBA says the fight against inflation has reached its 'third phase'. Here's what it means for interest rates (www.abc.net.au)
submitted 1 year ago by [email protected] to c/[email protected]
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Tldr: "I know it's been difficult, but the worst is over," Mr Lowe said on Friday.

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[–] [email protected] 7 points 1 year ago (2 children)

It’s not about the current situation, prices have been increasing for two decades or so. Wages haven’t. Why?

[–] [email protected] 6 points 1 year ago (1 children)

To be fair, he doesn't control wage growth. Much stronger unions are probably required for that.

[–] [email protected] 5 points 1 year ago (1 children)

Also gallows

[–] [email protected] 3 points 1 year ago

Suddenly feeling very French