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Rate rises: Are they working, and when will they stop?
This year, the Reserve Bank of Australia has embarked on a mission to fight historic levels of inflation by raising interest rates.
Yesterday, those rates rose to a 10 year high of 3.1%.
But are the rate rises helping? And when will they stop?
Today, senior economics correspondent for The Age and Sydney Morning Herald, Shane Wright joins Chris Zappone to discuss the year in inflation, rate rises, and wages and what we can expect for 2023.
Subscribe to The Age & SMH: https://subscribe.smh.com.au/
See omnystudio.com/listener for privacy information.
View all episodes
By The Age and Sydney Morning Herald
4.3
1818 ratings
This year, the Reserve Bank of Australia has embarked on a mission to fight historic levels of inflation by raising interest rates.
Yesterday, those rates rose to a 10 year high of 3.1%.
But are the rate rises helping? And when will they stop?
Today, senior economics correspondent for The Age and Sydney Morning Herald, Shane Wright joins Chris Zappone to discuss the year in inflation, rate rises, and wages and what we can expect for 2023.
Subscribe to The Age & SMH: https://subscribe.smh.com.au/
See omnystudio.com/listener for privacy information.
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