The RBA's Thinking on Inflation

The RBA is worried about what the reaction to this and perhaps the next one is going to be as well. So those concerns definitely elevated. A whole new chunk that was added about why it's important to fight inflation almost as though they put it in there. The argument is it erodes the value of savings,. hurts family budgets, makes it harder for businesses to plan and invest and worsens income inequality. Not the sort of thing you normally see in one of those statements. All of that was stuck in. And I think that is probably because they are worried aboutWhat the reaction toThis and perhaps theNextOne is going tobe as well. They wanted something that journalists could pick