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Matt Grudnoff
mattgrudnoff.bsky.social
did:plc:dsqndvskqkhrbmqedxpq6uvs
Ross Gittins in the SMH pointing out that the evidence is the RBA has it wrong & demand is not driving inflation. This makes interest rates ineffective. The RBA needs to cut them now. https://www.smh.com.au/business/the-economy/memo-to-rba-if-wages-growth-isn-t-the-problem-then-what-is-20241117-p5kr9i.html
2024-11-17T22:56:25.996Z