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No pain, no gain - inside the first of many interest rate rises this year

No pain, no gain - inside the first of many interest rate rises this year

FromMaking Money Easy


No pain, no gain - inside the first of many interest rate rises this year

FromMaking Money Easy

ratings:
Length:
22 minutes
Released:
Feb 12, 2023
Format:
Podcast episode

Description

Nine months in a row of interest rate hikes. We've got the lowdown on why the Reserve Bank isn't shying away from making plenty of households uncomfortable while it tries to bring down high inflation. We explain why the RBA is ok with that, and where to look to see if the multiple rate rises (and the upcoming ones) are working. Plus, there's an update on unemployment on Thursday. The labour market is really tight - how will what happens impact the next RBA decision. We dive into what would be the RBA's nightmare scenario. Also what are the chances of receision and will you feel it? Peter Munckton, Bank of Queensland Chief Economist and Emma Grey, Manager Economics at Impact Economics join Gillian to explain.
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Released:
Feb 12, 2023
Format:
Podcast episode

Titles in the series (98)

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know. The discussions in this podcast do not refer to your individual circumstances and do not give individual financial advice. You should seek your own independent advice, relevant to you, when making financial decisions.