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Rates stay on hold

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Manage episode 424192787 series 5457
Content provided by Australian Broadcasting Corporation and ABC listen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation and ABC listen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The inflation genie remains out of the bottle.

That’s the takeout from today's decision by the Reserve Bank to leave official rates on hold at 4.35 percent, despite mounting evidence that the economy and household budgets are both struggling.

RBA Governor Michelle Bullock has been at pains to impress that INFLATION remains the bank’s main focus, and right now the rate of inflation is still above the Reserve’s upper limit of 3 percent.

  continue reading

4283 episodes

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Rates stay on hold

RN Drive - Separate stories podcast

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Manage episode 424192787 series 5457
Content provided by Australian Broadcasting Corporation and ABC listen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation and ABC listen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The inflation genie remains out of the bottle.

That’s the takeout from today's decision by the Reserve Bank to leave official rates on hold at 4.35 percent, despite mounting evidence that the economy and household budgets are both struggling.

RBA Governor Michelle Bullock has been at pains to impress that INFLATION remains the bank’s main focus, and right now the rate of inflation is still above the Reserve’s upper limit of 3 percent.

  continue reading

4283 episodes

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