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Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Why Australia's Reserve Bank won't hike interest rates just yet

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The biggest question relating to the management of the economy right now has nothing to do with next week’s budget. It has everything to do with the Reserve Bank and the board meetings that will follow it.

The question facing the board – the biggest there is when it comes to how the next few years are going to play out – is whether to hike interest rates just because prices are climbing.

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