The reserve bank should not consider exchange rates when raising interest rates to combat inflation?
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On average, everyone disagrees with significant nonconsensus between 35 voters. |
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The reserve bank should not consider exchange rates when raising interest rates to combat inflation
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Reasons To DisagreeInterest rate hikes are very damaging to borrowers and exporters, which is damaging to our economy, therefore exchange rates need to be considered. 28 July 2007
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Reasons To AgreeThey shouldn't use interest rates to fight inflation anyway. Make credit harder to obtain rather than more expensive. Raising interest rates just damages business and therefore eventually it hurts everybody. 10 October 2010
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Reasons for Remain Neutral
IT IS GUMMINTS THAT CAUSE INFLATION - ESPECIALLY LABOUR!
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