Sticky inflation, cooling house prices: Inside the RBA’s rates dilemma.

Policy Economy Interest rates Opinion Sticky inflation, cooling house prices: Inside the RBA’s rates dilemma The Australian economy has been too reliant on the easy money gains from housing, so a rebalancing could reallocate labour into more productive areas. John Kehoe Economics editor The Reserve Bank of Australia is facing an unusual conundrum of sticky inflation and falling house prices. Inflation and house prices do not often move in the opposite direction in Australia. Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Latest In Economy Fetching latest articles Most Viewed In Policy