Despite denials, there are signs the RBA does consider house prices in setting rates
- Written by Martin Duck, Post-Doctoral Research Associate, University of Sydney
As households are squeezed by the cost-of-living crisis, central bank governors such as Jerome Powell in the United States and Michele Bullock in Australia are coming under repeated fire from politicians, pundits and households.
Before each interest rate decision, there is debate about what the Reserve Bank of Australia (RBA) should do and...
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