Opinion

There's a case for only mild RBA rate hikes. Inflation might be retreating all by itself

By Peter Martin
May 3 2022 - 7:30pm
Prime Minister Scott Morrison and Treasurer Josh Frydenberg speak to the media after the RBA raised the cash rate. Picture: AAP

One of the stranger things about the Reserve Bank's announcement explaining why it's lifting interest rates by 0.25 percentage points is it suggests inflation will come down by itself.

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