Will the Iran war drive interest rates even higher?
The RBA has lifted interest rates for a second consecutive month. Are we now in a long rate hiking cycle, accelerated by the war in Iran, or could this be the rise that finally brings inflation under control? Today, chief business correspondent Ian Verrender on the uncertainty for the economy and the outlook for rates. Featured: Ian Verrender, ABC chief business correspondent
ABC News Daily · Australian Broadcasting Corporation
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Show Notes
The RBA has lifted interest rates for a second consecutive month.
Are we now in a long rate hiking cycle, accelerated by the war in Iran, or could this be the rise that finally brings inflation under control?
Today, chief business correspondent Ian Verrender on the uncertainty for the economy and the outlook for rates.
Featured:
Ian Verrender, ABC chief business correspondent