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RBA reveals the number of Australians who’d be out of work if it just focused on lowering inflation
RBA’s gradual rate hikes avoided a 5.3% unemployment rate, preventing about 190,000 job losses and easing pressure on mortgage holders, the bank’s modelling shows.
Summary by Sydney Morning Herald
5 Articles
5 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
RBA reveals the number of Australians who’d be out of work if it just focused on lowering inflation
Critics have argued inflation would be lower if interest rates had gone higher. The Reserve Bank has an answer to those critics – much higher unemployment.
·Sydney, Australia
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Total News Sources5
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
Factuality
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