Paul Bloxham: HSBC chief economist on Australia's Reserve Bank holding the Official Cash Rate for seventh time in a row
Heather du Plessis-Allan Drive · Newstalk ZB
September 24, 20243m 50s
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Show Notes
The Australian Reserve Bank has held the cash rate at 4.35 percent after its latest board meeting, citing concerns about inflation.
This seventh consecutive hold was widely tipped by economists - and they haven't ruled out additional increases either.
HSBC chief economist Paul Bloxham outlines his predictions for when the economy will turn around and give homeowners some reprieve.
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Topics
businessmoneyOCRAustralia