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Inflation Too High Again - Rate Cut Talks Are Over
Manage episode 416223695 series 3423409
Content provided by Redom Syed. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Redom Syed 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://ppacc.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
107 episodes
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Manage episode 416223695 series 3423409
Content provided by Redom Syed. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Redom Syed 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://ppacc.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
107 episodes
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Similar to Australian Property Talk
Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com
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continue reading
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