Article 739SC A hot economy? RBA’s rate hike justification is hard to swallow for Australians struggling with cost-of-living crisis

A hot economy? RBA’s rate hike justification is hard to swallow for Australians struggling with cost-of-living crisis

by
Patrick Commins
from World news | The Guardian on (#739SC)

Economists and the central bank might see a roaring economy but workers and mortgage holders still feel like they're doing it tough

The Reserve Bank thinks the economy is running too hot and needed a rate hike to slow it down.

It sure doesn't feel that way.

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