Why Do Interest Rates Rise When Prices Are Already High? | Throwback Tuesdays
About this episode
Ben and Bryce discuss the rationale behind raising interest rates despite high prices and its impact on inflation.
Remember when broccoli cost $11 a kilo? 🥦 When everyday essentials are already getting more expensive, raising interest rates can feel completely backwards. In this Throwback Tuesday snippet, Ben and Bryce explain why the RBA does it anyway... and how cooling demand can help stop inflation from becoming an even bigger problem. For the original episode, tune in here: Episode 404 | What do Inflation, Interest Rates & Broccoli Have to Do with Property?! LISTEN TO THE FIRST 20 EP...
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