Letters to the Editor
RBA on the right track with rates
Readers’ letters on the Reserve Bank keeping rates on hold; Labor’s PsiQuantum investment; HECS debt; and the Victorian budget.
Key Points
- Guidelines for how to write a letter to the editor are here.
- Please send your letter to edletters@afr.com.au
The Reserve Bank of Australia chose to leave the cash rate unchanged at 4.35 per cent (“RBA on high alert to increase”). After 13 rate increases, inflation remains at a persistent 3.6 per cent.
One wonders whether the interest rate is too blunt an instrument to control inflation in the current environment.
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