RBA to do what it takes to fight inflation

By Colin Brinsden, Aap Economics and Business Correspondent
Updated May 6 2022 - 2:21pm, first published 2:19pm
The RBA warns that rising interest rates and prices are expected to weigh on household budgets.
The RBA warns that rising interest rates and prices are expected to weigh on household budgets.

The Reserve Bank of Australia says it will do what it takes to combat inflation, which it expects will rise to a level not seen since the introduction of the goods and services tax in 2000.

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