Major bank’s awful prediction for Australia

In response to the nation’s escalating inflation, one of the Big Four has revised its previous forecast, and it means more pain.

Giving the Reserve Bank of Australia the task of bringing down inflation with its “only tool” to lift interest rates is causing enormous pain for Australians, according to Greens leader Adam Bandt. “If it’s all left up to the Reserve Bank, they’ve only got one tool, and we’re worried that they’re not only going to cause more pain for…

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