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Inflation Too High Again - Rate Cut Talks Are Over
Manage episode 416223695 series 3423409
Content provided by Redom Syed & Curtis Stewart, Redom Syed, and Curtis Stewart. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Redom Syed & Curtis Stewart, Redom Syed, and Curtis Stewart or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Inflation came in at 1% for Q1 2024 in a big economic release. This was above market expectations, coming in way too high and is a cause for concern. Inflation is the number one data item that the RBA look at, and with this high number, rate cut talks for the foreseeable future are over.
The RBA removed its stance on 'increasing interest rates' at its last meeting, but is likely to reinclude it next week and warn Australian's that further rate rises may be required to quell the inflation beast.
Reach out to us at www.australianpropertytalk.com.au
59 episoade
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Manage episode 416223695 series 3423409
Content provided by Redom Syed & Curtis Stewart, Redom Syed, and Curtis Stewart. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Redom Syed & Curtis Stewart, Redom Syed, and Curtis Stewart or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Inflation came in at 1% for Q1 2024 in a big economic release. This was above market expectations, coming in way too high and is a cause for concern. Inflation is the number one data item that the RBA look at, and with this high number, rate cut talks for the foreseeable future are over.
The RBA removed its stance on 'increasing interest rates' at its last meeting, but is likely to reinclude it next week and warn Australian's that further rate rises may be required to quell the inflation beast.
Reach out to us at www.australianpropertytalk.com.au
59 episoade
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Similar cu Australian Property Talk
How will countries around the world cope with persistent inflation and high borrowing costs? Are central bankers helping to abate the cost-of-living crisis or are they moving us all closer to recession? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected ...
…
continue reading
Bitcoin groundbreakers share personal stories of how Bitcoin is changing lives for the better. Host Mauricio Di Bartolomeo, co-founder and CSO of Ledn, speaks with leading Bitcoin voices, entrepreneurs, and human rights advocates to hear their unique journey and practical real-world examples of how Bitcoin has made a positive impact in their lives. Brought to you by Ledn, a leading financial services company built for Bitcoin & digital assets. Ledn offers a suite of lending, saving and tradi ...
…
continue reading
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…
continue reading
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…
continue reading
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continue reading
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