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Why the RBA should go easy on interest rate hikes: inflation may already be retreating and going too hard risks a recession

  • Written by The Conversation
Why the RBA should go easy on interest rate hikes: inflation may already be retreating and going too hard risks a recessionReserve Bank Governor Philip LoweLukas Coch/AAP

One of the stranger things about the Reserve Bank’s announcement of why it’s lifting interest rates by 0.25 percentage points is that it suggests inflation will come down by itself.

“A further rise in inflation is expected in the near term,” the RBA says, “but as...

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