Paul Bloxham: HSBC CEO on Australia's Reserve Bank keeping the OCR on hold at 4.35 percent
Heather du Plessis-Allan Drive · Newstalk ZB
June 18, 20244m 52s
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Show Notes
Australia's Reserve Bank has left the OCR unchanged at 4.35 percent after a lengthy deliberation process.
The Bank has been waging a long-term battle against inflation, as residents grapple with the ongoing cost of living crisis.
HSBC CEO Paul Bloxham warns the RBA could resort to another rate hike in the coming months - depending on how things shake out.
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Topics
Australiabusinessmoneyeconomy