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The Reserve Bank and interest rates explained

  • Selwyn Cornish, ANU
  • Apr 30, 2013
  • 1 min read

Why does the Reserve Bank of Australia set interest rates for the country and how are interest rates changed? In the latest of the 'Explained' series, economic historian Selwyn Cornish from the College of Business and Economics at ANU explains how the cash rate is used to keep a lid on inflation.

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