Reserve Bank determined it won't go soft on inflation
http://www.theaustralian.com.au/business/opinion/reserve-ban...Submitted by cij 21 months, 2 weeks, 1 day, 7 hours ago
But RBA governor Glenn Stevens made it clear last week he would have none of it. With higher inflation would come higher interest rates. "There is no reason that savers, any more than wage earners, would be prepared simply to accept an erosion of their financial position," he said.
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