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Why the Reserve Bank can't stop raising rates

ABC News Daily
ABC News Daily
Episode • May 2, 2023 • 13m

Even though inflation seems to be coming down, the Reserve Bank has started raising interest rates again, making it the eleventh time in a year. 

So what's going on? 

And when will the prices of everything from food to rent return to normal? 

Today, ABC business reporter, Nassim Khadem, on why it's going to take a while yet. 

Featured: 

Nassim Khadem, ABC business reporter 

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