CPI: Making Sense Of The Senseless??

June 26, 2024 • 00:09:53
CPI: Making Sense Of The Senseless??
Digital Finance Analytics (DFA) Blog
CPI: Making Sense Of The Senseless??

Jun 26 2024 | 00:09:53

/

Show Notes

The ABS released the latest monthly CPI data today, and it reports that Inflation is still sticky in Australia, and accelerated faster than expected for a third straight month in May, sending the currency higher as traders boosted bets that the Reserve Bank will resume raising interest rates at its next meeting. The report comes after RBA Governor Michele Bullock restated last week that the rate-setting board isn’t ruling out a rate hike after leaving the benchmark at a 12-year high of 4.35%. Wednesday’s figures suggest inflation is running ahead of the RBA’s forecast for underlying inflation to ease to […]
Previous Episode
Next Episode

Other Episodes

Episode

October 04, 2024 • 00:13:35
Episode Cover

Home Lending Booms: But What Have They Got To Hide?

The ABS released their monthly lending indicators for September today, and it showed a strong uptick in new mortgage loans, in contrast to poor...

Listen

Episode 0

February 07, 2021 • 00:33:31
Episode Cover

Its All Down Hill From Here [Podcast]

Steve Mickenbecker is Canstar’s Group Executive, Financial Services & Chief Commentator. https://www.canstar.com.au/ With more than 30 years of experience in the Australian financial services...

Listen

Episode 0

October 27, 2023 • 00:11:41
Episode Cover

Will The RBA Blink First?

On Melbourne Cup day we will get the next RBA cash rate decision. Michelle Bullocks testimony before the Senate this week was pretty vague...

Listen