this post was submitted on 03 Jul 2023
3 points (100.0% liked)

AusFinance

993 readers
2 users here now

founded 1 year ago
MODERATORS
lodion@aussie.zone
Los@beehaw.org
3
What are we expecting for tomorrow's RBA meeting? (aussie.zone)
submitted 1 year ago by DavidDoesLemmy@aussie.zone to c/ausfinance@aussie.zone
8 comments fedilink hide all child comments
 

Another rate rise in the works? Or will they hold steady?

you are viewing a single comment's thread
view the rest of the comments
[–] 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.