The Reserve Bank Of Australia Vs Inflation

Mohsen Crofts, Analyst, Bloomberg Intelligence Australia

25-Jul-23 07:30

The Reserve Bank Of Australia Vs Inflation

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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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Produced by: Yeong Yeng Yee, Wong Shou Ning

Presented by: Keith Kam, Wong Shou Ning, Mark Tan

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Categories: international, economy, markets

Tags: australia, inflation, reserve bank of australia,

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