The last thing the economy needs is more money taken out of it. - TopicsExpress

The last thing the economy needs is more money taken out of it. The ALP ensured that money will be tight for people by massively pushing up the cost of living without the RBA adding to it. The Reserve Bank has once again reassured borrowers that interest rates will remain steady until it is convinced the economy is back on track. In the minutes from its April meeting two weeks ago, the RBA board said it was prudent to leave cash rate unchanged at its historic low of 2.5 per cent. https://au.finance.yahoo/news/bank-assures-borrowers-rates-stay-014425417.html

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