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Australians don't understand how interest rates work, RBA finds
The Reserve Bank is concerned that too many Australians have little idea what the central bank is trying to achieve with interest rates, which it says could be making its job harder.
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afr.com
Inflation a bigger worry than housing for Australians
Lack of economic literacy among the public is making it harder for the RBA to convince people that higher interest rates will reduce inflation.
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abc.net.au
Australians don't understand how interest rates work, RBA finds
The Reserve Bank is concerned that too many Australians have little idea what the central bank is trying to achieve with interest rates, which it says could be making its job…
