Paul Bloxham: HSBC chief economist on the Australian Reserve Bank leaving the OCR unchanged for the moment
Heather du Plessis-Allan Drive · Newstalk ZB
September 5, 20233m 34s
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The Reserve Bank of Australia kept the cash rate unchanged at 4.1 percent, but the door is open for future hikes.
Outgoing governor Philip Lowe said Australian inflation had 'passed its peak', but further monetary policy may be needed to return inflation to target.
HSBC chief economist Paul Bloxham says the Australian economy is still running at full capacity- and it will take time to bring inflation down again.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Topics
moneybusinessAustraliainflation