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The Reserve Bank shouldn’t be spooked by Australia’s imported inflation

Summary by The Guardian
If you look at what’s increased most in price over the past year, such as petrol, there is little that higher interest rates would changeFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastNext Tuesday the new Reserve Bank governor, Michele Bullock, will get her first test when the RBA board meets. Let us hope she is not one to get easily alarmed, given the latest monthly…
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The Guardian broke the news in London, United Kingdom on Thursday, September 28, 2023.
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