RBA went ‘too low’ with interest rates to begin with

The Reserve Bank went “too low” with their interests before the recent rate rises, says 2GB host Michael Mclaren.

“For too long we’ve had inflationary pressures being driven by Coalition and now Labor governments, and the Reserve for so many months, are now trying to reign it in,” Mr McLaren told Sky News host Peta Credlin.

“I don’t think there was ever a need for Australia to go that low.

“Now we’re raising the curve but so are a lot of countries around the world.”

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