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RBA Rate Hike Sparks Mixed Reactions | Auckland News
The Reserve Bank just delivered a surprise 25-basis-point rate hike to 2.5%, its first move in three years — a signal that inflation’s hot and growth’s strong. Retailers fret over higher borrowing costs and falling consumer spending, while economists see it as proof the economy can handle the squeeze. Property experts add that markets already priced in this move, so the housing market might not crack. It’s a tightrope walk: stabilizing prices without stifling growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai…
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