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RBA's approach to rates faces scrutiny from economists

Author
Newstalk ZB,
Publish Date
Tue, 3 Dec 2024, 5:41pm
Photo / 123RF
Photo / 123RF

RBA's approach to rates faces scrutiny from economists

Author
Newstalk ZB,
Publish Date
Tue, 3 Dec 2024, 5:41pm

Over in Australia, economists have accused the Reserve Bank of mishandling the OCR.

Experts claim the central bank has been too focused on keeping unemployment high - impacting the livelihood of hundreds of thousands of Australians.

Australian correspondent Murray Olds says the Reserve Bank is in a tough spot - but it can't undo months of progress.

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