Yellow Brick Road Home Loans Executive Chairman Mark Bouris says the Reserve Bank of Australia is giving the nation 'brain damage' over their handling of inflation.
Yellow Brick Road Home Loans Executive Chairman Mark Bouris says the Reserve Bank of Australia is giving the nation “brain damage” over their handling of inflation.
“One minute there saying interest rates are not going up until 2024, go borrow money at fixed rates at 0.2 per cent and you’ll be sweet,” Mr Bouris told Sky News Australia. “The next minute there telling us we have to control inflation, we’ve got to control wages, we are just going to keep putting rates up.“They’re crossing their fingers hoping they’re going to get it right”.
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