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Walking the inflation tightrope

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Manage episode 421194358 series 3531467
Content provided by Ebony Bennett and The Australia Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ebony Bennett and The Australia Institute 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.

Inflation isn’t falling as fast as most economists want, but a rate rise now would do more harm than good, says Greg Jericho.

With interest rates refusing to fall below three per cent, some analysts are making dire assessments of the Australia economy. But while so-called ‘sticky’ inflation isn’t great, it’s better than risking a huge drop in demand and a deep recession, according to Greg Jericho. On this episode, Greg examines why inflation is refusing to budge and what policymakers can do about it.

Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.

australiainstitute.org.au // @theausinstitute

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut

Producer: Jennifer Macey // @jennifermacey

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

Support Dollars & Sense: https://nb.australiainstitute.org.au/donate

See omnystudio.com/listener for privacy information.

  continue reading

30 episodes

Artwork
iconShare
 
Manage episode 421194358 series 3531467
Content provided by Ebony Bennett and The Australia Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ebony Bennett and The Australia Institute 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.

Inflation isn’t falling as fast as most economists want, but a rate rise now would do more harm than good, says Greg Jericho.

With interest rates refusing to fall below three per cent, some analysts are making dire assessments of the Australia economy. But while so-called ‘sticky’ inflation isn’t great, it’s better than risking a huge drop in demand and a deep recession, according to Greg Jericho. On this episode, Greg examines why inflation is refusing to budge and what policymakers can do about it.

Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.

australiainstitute.org.au // @theausinstitute

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut

Producer: Jennifer Macey // @jennifermacey

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

Support Dollars & Sense: https://nb.australiainstitute.org.au/donate

See omnystudio.com/listener for privacy information.

  continue reading

30 episodes

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