The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way
The breakdown of the US-Iran ceasefire, rising oil prices and the explosion in data centre investment are making the central bank’s task harder Follow our Australia news live blog for latest updates For five years the Reserve Bank has been trying to wrangle inflation back to its 2.5% target, and for years it has essentially failed. The result is a cost of living crisis that has generated intense community grievance.
The Guardian
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Signal breakdown
CurrentWire ranked this story 66.7 of 100 in the snapshot this page was rendered from.
- Freshness
- 30.7 of 35
- Source authority
- 14 of 20
- Coverage breadth
- 4 of 20
- Geographic relevance
- 10 of 10
- Story prominence
- 8 of 10
- Velocity
- 0 of 5
Strongest signal: geographic relevance, 10 of 10. How each signal is calculated.
Filed under Business · United States · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: Inflation (7).
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