When Things Don’t Add Up At The RBA

August 07, 2024 00:20:01
When Things Don’t Add Up At The RBA
Digital Finance Analytics (DFA) Blog
When Things Don’t Add Up At The RBA

Aug 07 2024 | 00:20:01

/

Show Notes

The Reserve Bank held its cash rate at 4.35% for a sixth straight meeting on Tuesday and lifted its forecasts for inflation and economic growth. In her press conference after the policy decision, Governor Michele Bullock said there’s still a risk that inflation will take too long to return to target and said it’s too early to be talking about imminent easing. Core prices at 3.9% remain well above the bank’s target and its largely driven by non-discretionary spending such as insurance, education and housing rent. It now sees underlying inflation easing to 3.5% by the end of this year, […]

Other Episodes

Episode 0

July 31, 2022 00:17:33
Episode Cover

Land Banking Is Part Of The Housing Problem!

We unpick the “supply-side” problems which are often blamed for high home prices, and in the light of a recent report, find that Land...

Listen

Episode 0

December 15, 2022 00:30:16
Episode Cover

Rates Higher For Longer Says The FED, But Who You Going To Believe?

So the FED hiked again, and lifted the expected terminal rate to above 5% with the majority of board members agreeing this this projection....

Listen

Episode 0

November 23, 2020 00:15:56
Episode Cover

Its Deposit Bail-In "D" Day! [Podcast]

Robbie Barwick and I discuss the upcoming Senate vote on passing the amendment to secure bank deposits in Australia. Details of the Bill: https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/BankingDeposits...

Listen