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The headof the RBA is still insisting that there will be no rate rises in 2022.

From Todays OZ


Wish i could share his optimism that inflation is transitonary.

The problem is , if he has got it wrong, the reaction will be late and over the top.

Overshooting and undershooting seems to be the constant theme.

he and his cohorts need to get out more and see what the less well off are faced with.

Mick


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