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Most Australians wrongly think rate rises increase inflation, RBA survey finds
Money & Work

Most Australians wrongly think rate rises increase inflation, RBA survey finds

A new RBA survey of 9,000 Australians found only one in four correctly knew that rate rises lower prices.

Why it mattersIf most Australians misunderstand how rate rises work, the RBA's inflation fight becomes harder as people expect prices to keep rising.

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