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Why the RBA refuses to cut rates

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Manage episode 424252614 series 2071258
Content provided by Australian Broadcasting Corporation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation 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 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

  continue reading

1972 episodes

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Why the RBA refuses to cut rates

ABC News Daily

3,699 subscribers

published

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Manage episode 424252614 series 2071258
Content provided by Australian Broadcasting Corporation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation 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 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

  continue reading

1972 episodes

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