Households In The Cross-Hairs As Real Wealth Falls...

November 10, 2023 00:14:52
Households In The Cross-Hairs As Real Wealth Falls...
Digital Finance Analytics (DFA) Blog
Households In The Cross-Hairs As Real Wealth Falls...

Nov 10 2023 | 00:14:52

/

Show Notes

The latest from the RBA – Statement On Monetary Policy November 2023, outlines the bank’s latest thinking. The Reserve Bank updated its economic forecasts, which explain why it raised interest rates this month – from 4.1 per cent to 4.35 per cent after four consecutive pauses. And importantly, it shows just how the economic engine is misfiring, with households very much on the front line. While the business sector, overall, appears to be doing fine, it appears working-age households will continue to do the heavy lifting on containing inflation via higher interest payments, cutting their individual consumption and falls in […]

Other Episodes

Episode 0

August 06, 2023 00:27:02
Episode Cover

Upcoming: A Soft Hard Landing Or A Hard Soft Landing? [Podcast]

In a choppy trading session indexes rose in the morning, then wavered before turning negative so Wall Street closed lower on Friday after a...

Listen

Episode 0

August 11, 2023 00:06:04
Episode Cover

US Inflation IS Still A Thing! [Podcast]

A key measure of US consumer prices rose only modestly for a second month, bolstering hopes that the Federal Reserve can tame inflation without...

Listen

Episode

April 10, 2024 00:08:34
Episode Cover

The FED’s Narrow Path Just Got Pot-Holed!

Higher for longer is back baby, following the latest CPI data from the Bureau of Labor Statistics which came out today, for March. It...

Listen