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Why Interest Rates Persist Amidst Falling Inflation
Appu Govindarajan
In Australia, inflation has risen over the past two years but is currently experiencing a decline. Despite this trend, the Reserve Bank of Australia has opted not to reduce interest rates. Appu Govindarajan, a columnist on economics, a certified public accountant and associated chartered accountant, analyses the correlation between inflation and rate hike. Produced by RaySel.
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