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Economist delivers 'worst-case scenario' on interest rates as inflation fails to cool

The Reserve Bank has so far been unable to pull inflation down to its target range of between 2 and 3 per cent. The only option left, it seems, is to take a sledgehammer to demand.

Photo: ABC News

The Reserve Bank has so far been unable to pull inflation down to its target range of between 2 and 3 per cent. The only option left, it seems, is to take a sledgehammer to demand.

Originally published by ABC News. Read the full story at the source →

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