Siirry offline-tilaan Player FM avulla!
Could there be three rate hikes this year?
Manage episode 415504859 series 3323475
Inflation pressures were meant to be coming off a bit more by now, but a higher than expected reading has one prominent economist suggesting interest rates could go up three times this year.
So, why is inflation so sticky? And will the Reserve Bank feel compelled to lift rates to further dampen economic activity?
Today, chief business correspondent Ian Verrender explains what’s going wrong.
Featured:
Ian Verrender, ABC Chief Business Correspondent
435 jaksoa
Manage episode 415504859 series 3323475
Inflation pressures were meant to be coming off a bit more by now, but a higher than expected reading has one prominent economist suggesting interest rates could go up three times this year.
So, why is inflation so sticky? And will the Reserve Bank feel compelled to lift rates to further dampen economic activity?
Today, chief business correspondent Ian Verrender explains what’s going wrong.
Featured:
Ian Verrender, ABC Chief Business Correspondent
435 jaksoa
Kaikki jaksot
×Tervetuloa Player FM:n!
Player FM skannaa verkkoa löytääkseen korkealaatuisia podcasteja, joista voit nauttia juuri nyt. Se on paras podcast-sovellus ja toimii Androidilla, iPhonela, ja verkossa. Rekisteröidy sykronoidaksesi tilaukset laitteiden välillä.