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The Reserve Bank doesn't know what it's doing

7am

00:00

Introduction

The reserve bank of australia lifted rates for the third time in three months, raising the cash rate by full 50 basis points. The ar b a's decision comes just as questions are being asked about how the institution is working and whether it has acted too slowly in the past. Max second explains why the reserve bank is so secretive, and the push to change it.

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