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RBA boss Philip Lowe isn’t giving in to pressure – The Australian Financial Review
A cautious Philip Lowe is not giving in to pressure to react to temporary inflationary pressures, but he’s still leaving his…
But his lack of conviction this will automatically occur is because the last time Australia had a similar unemployment rate for a sustained period was in the early 1970s when its economy was very different.
It wasnt an open economy, it was very closed and…
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