Wednesday, February 16, 2022

Low interest rates, economic management hot election issues. But reality check - Reserve Bank controls interest rates.

The outlook for rising interest rates is already a hot political issue with a federal election campaign likely to be fought on strong economic management during the pandemic. 

Finance Minister Simon Birmingham told a senate estimates hearing that Labor's uncosted policies could blow the budget and pressure the Reserve Bank into raising rates.

I spoke with Sally Sara on The World Today



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