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RBA's multi-channel approach curbs inflation

Reserve Bank of Australia (RBA) assistant governor Christopher Kent has punctuated that beyond the cash-flow channel, where a rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary policy influences demand and curtails inflation in Australia.

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Read more: InflationInterest ratesRBAChristopher KentReserve Bank of AustraliaBloombergEconomics