Paul Bloxham: HSBC Chief Economist on the Australian Reserve Bank leaving rates on hold for 2024
Heather du Plessis-Allan Drive · Newstalk ZB
December 10, 20245m 15s
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Show Notes
Australia's central bank has opted to keep rates on hold in its final meeting of 2024 - the same position it's held all year.
The RBA did soften its language a bit, and revealed the board had 'some confidence' that inflation was heading back to target.
HSBC Chief Economist Paul Bloxham predicted rates would come down by 2025.
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Topics
businessmoneyeconomyAustraliaReserve Bank