Paul Bloxham: HSBC chief economist on the Australian Reserve Bank keeping the OCR in place
Heather du Plessis-Allan Drive · Newstalk ZB
August 6, 20243m 57s
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Show Notes
Australia's Reserve Bank has taken on a grim tone with today's OCR update - and warned rate cuts aren't on the horizon.
The Bank considered hiking rates today, but moved to keep them in place at 4.35 percent.
HSBC chief economist Paul Bloxham says inflation is still running too far above expectations.
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Topics
businessmoneyeconomyRBAinterest rates