Over in Australia, the Reserve Bank has moved to keep the official cash rate in place at 4.35 percent.

The result was widely expected by economists and money markets, despite inflation remaining above the RBA’s 2-3 percent target range in the June quarter.

HSBC Chief Economist Paul Bloxham says there's evidence that the Australian economy is slowing down, which is helping put downward pressure on inflation. 

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Over in Australia, the Reserve Bank has moved to keep the official cash rate in place at 4.35 percent.
The result was widely expected by economists and money markets, despite inflation remaining above the RBA’s 2-3 percent target range in the June quarter.
HSBC Chief Economist Paul Bloxham says there's evidence that the Australian economy is slowing down, which is helping put downward pressure on inflation.&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Paul Bloxham: HSBC Chief Economist on Australia holding their OCR in place at 4.35 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/36798bce-3d5a-4729-a68f-b4a30079ca2a/transcript