The RBA has raised the cash rate to 3.85% to combat sticky inflation. Meg Elkins explains the psychology behind the decision and what the central bank hopes Australians will do next: spend less, save more, and temper wage demands.
The RBA has raised the cash rate to 3.85% to combat sticky inflation. Meg Elkins explains the psychology behind the decision and what the central bank hopes Australians will do next: spend less, save more, and temper wage demands.