Opinion

Why does the RBA keep hiking interest rates? It's scared it can't contain inflation

By Peter Martin
August 2 2022 - 7:30pm
RBA Governor Philip Lowe says he is navigating a "narrow path". He can't be certain he knows the way. Picture: Getty Images

There are signs inflation pressures are easing. Oil prices are down almost 20 per cent on their peak in March. They've been falling consistently for a month.

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