BFM Podcast

The Reserve Bank Of Australia Vs Inflation

Tan KW
Publish date: Tue, 25 Jul 2023, 01:06 PM
The Reserve Bank Of Australia Vs Inflation

25-Jul-23 07:30

Mohsen Crofts, Analyst, Bloomberg Intelligence Australia

Australia's central bank took a pause on its interest rate hikes last month after raising it 12 times in the past 14 months hoping to reign in inflation which is at a still-elevated 5.6%. For now property owners have a bit of respite. Mohsen Crofts, an analyst at Bloomberg Intelligence Australia, talks to us about how the RBA's fight against inflation is affecting the country's real estate and consumer markets, and what expectations are for the months ahead.

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