this post was submitted on 03 Jul 2023
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What are we expecting for tomorrow's RBA meeting? (aussie.zone)
submitted 1 year ago by DavidDoesLemmy@aussie.zone to c/ausfinance@aussie.zone
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Another rate rise in the works? Or will they hold steady?

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[–] blendedracer@aussie.zone 2 points 1 year ago (1 children)

They still hold that the current situation is due to the proletariat overspending so they’ve only got one stick to use - interest rate increases. Personally I don’t think they don’t understand the role of “greed-flation”, it just doesn’t benefit them or the govt to try and tackle it.

[–] Phantom@aussie.zone 1 points 1 year ago

From what I'm seeing we are exporting a lot of our money to other countries.