Australia’s latest consumer price index print has seen inflation drop to 2.8 per cent over the past 12 months to September, bolstered by temporary government subsidies, while annual trimmed mean inflation remained at 3.5 per cent, which places the Reserve Bank in a cautious stance on rate cuts.
We take a look at what the latest numbers say about the broader Australian economy and how the RBA is likely to respond, as well as compare the Aussie central bank’s rate decisions with global counterparts and whether it made the right call when it was raising rates.
Tune in to hear:
- How the competing duties of governments and central banks can result in tension.
- Why the headline inflation number tells a misleading story.
- What the future holds for rates as inflation remains sticky.
