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Why the RBA refuses to cut rates
Manage episode 424252614 series 2071258
The RBA has kept rates on hold again and it seems there’s next to no chance it will be moving them down this year.
That’s bad news for people repaying debt, while prices keep rising and we’re teetering on the edge of a recession.
Today, the ABC’s Ian Verrender explains what’s going on.
Featured:
Ian Verrender, Chief Business Correspondent
1972 episodes
Manage episode 424252614 series 2071258
The RBA has kept rates on hold again and it seems there’s next to no chance it will be moving them down this year.
That’s bad news for people repaying debt, while prices keep rising and we’re teetering on the edge of a recession.
Today, the ABC’s Ian Verrender explains what’s going on.
Featured:
Ian Verrender, Chief Business Correspondent
1972 episodes
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