Money magazine Comments - What is inflation and why is everything suddenly more expensive? The word 'inflation' is everywhere lately, so if it's been a while since you sat through high school economics, we explain what it is and why costs just keep going up. https://www.moneymag.com.au/feed/latest?story=179795911 Thu, 14 Jul 2022 12:02:59 +1000 Thu, 14 Jul 2022 12:02:59 +1000 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - What is inflation and why is everything suddenly more expensive? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Bob Down ()

Why did the RBA wait so long to start increasing interest rates?

It was obvious that inflation was growing, many other countries around the world had started increasing their rates months before.

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]]> Bob Down () Thu, 14 Jul 2022 12:02:59 +1000