Episode #111: Still cautious but less concerned: why the RBA left rates on hold

Simplifying Investing

At its February meeting, the RBA left the cash rate at 4.35%, with noted progress in reducing inflation and bringing demand back to supply. While probably reluctant to raise rates again, the Reserve Bank still has a mild tightening bias and remains somewhat cautious. Join AMP's Chief Economist Dr. Shane Oliver as he unpacks Governor Bullock's comments, what it means for Australian households in the months ahead and why we could start to see rate cuts happening around mid year. Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 7 February 2024. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.