Last week, when the Reserve Bank announced it had raised the cash rate to 4.85%, it also released its latest forecasts for the economy in its Statement on Monetary Policy. For those hoping for a recovery in lost living standards, the news was very grim.
extrapolating that far from a graph is pretty unsound.
Realistically the RBA has no idea when but probably never is realistic given that we are entering the exciting part of climate change.
The atmosphere may be excited, but I am not 😥
You don’t enjoy living in the cool zone?
Personally, as someone that never got the chance to sow I’m absurdly upset at how the reaping is going.