Murray Olds: Australian correspondent on the Reserve Bank of Australia potentially going too hard to reduce inflation
There's growing concern Australia's Reserve Bank may have gone too far to reduce inflation.
The RBA infamously pushed the Official Cash Rate up 13 times in a row, and some economists are concerned Australia's economy may suffer as a result.
Australian correspondent Murray Olds says decreased spending has shrunk economic growth in the last three months of 2023.
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