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Analysis

Central Bankers Must Move Beyond 'We Don't Know' on Rates

Residential buildings in Sydney, Australia, on Friday, Jan. 6, 2023. Australia's housing market suffered its biggest annual decline since 2008 last year as sharp interest rate hikes sapped buying power and put off investors.
Residential buildings in Sydney, Australia, on Friday, Jan. 6, 2023. Australia's housing market suffered its biggest annual decline since 2008 last year as sharp interest rate hikes sapped buying power and put off investors. Foto: Bloomberg

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