Why do central banks target 2–3% inflation? What’s so magical about that number?

Join Sean Aylmer & Michael Thompson as they answer questions on business, investing, economics, politics and more.

If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!

Why do central banks target 2&ndash;3% inflation? What&rsquo;s so magical about that number? Join Sean Aylmer &amp; Michael Thompson as they answer questions on business, investing, economics, politics and more. If you have your own question for Ask Fear &amp; Greed, get in touch via our&nbsp;<a href="https://www.google.com/url?q=http://fearandgreed.com.au&amp;sa=D&amp;source=calendar&amp;ust=1747487354629733&amp;usg=AOvVaw0vnLR7L1D1nk8u1yDpgUbN">website</a>,&nbsp;<a href="https://www.google.com/url?q=https://www.linkedin.com/company/fear-and-greed&amp;sa=D&amp;source=calendar&amp;ust=1747487354629733&amp;usg=AOvVaw1ukw0m5b5JeTaH2nkrvpBg">LinkedIn</a>,&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/fearandgreedpodcast/&amp;sa=D&amp;source=calendar&amp;ust=1747487354629733&amp;usg=AOvVaw2Qxov-yp2eRvarHgRg0lvI">Instagram</a>&nbsp;or&nbsp;<a href="https://www.google.com/url?q=https://www.facebook.com/FearAndGreedPodcast&amp;sa=D&amp;source=calendar&amp;ust=1747487354629733&amp;usg=AOvVaw3B4bNdRvZtDY_Jy0dM_MI1">Facebook</a>!

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Ask Fear & Greed: Why does the Reserve Bank target 2-3% inflation?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/e6b93e4f-cef6-4b69-b32a-b2db00d71669/transcript

Thursday 12 June 2025

It's been a busy 24 hours in the airline industry headlined by Qantas’ decision to axe its Asia subsidiary. 

And more, including:
The ASX200 hits an all-time high. 
Nintendo sells 3.5 million units of its new Switch 2 in just four days. 
BNPL group Zip Co is on a tear, with its share price up 36pc in five days. 
The ABC drops one of its most popular shows, with job cuts also likely.

Join our free daily newsletter here.

Take our short survey on Fear & Greed here. It only takes a few minutes, and by taking part before 30 June, you’ll be in the running to win a $3,000 Luxury Escapes voucher.

And don’t miss the latest episode of How Do They Afford That? - three financial secret weapons. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Thursday 12 June 2025
It's been a busy 24 hours in the airline industry headlined by Qantas&rsquo; decision to axe its Asia subsidiary.&nbsp;
And more, including:
<ul>
<li aria-level="1">The ASX200 hits an all-time high.&nbsp;</li>
<li aria-level="1">Nintendo sells 3.5 million units of its new Switch 2 in just four days.&nbsp;</li>
<li aria-level="1">BNPL group Zip Co is on a tear, with its share price up 36pc in five days.&nbsp;</li>
<li aria-level="1">The ABC drops one of its most popular shows, with job cuts also likely.</li>
</ul>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.
<a href="https://survey.humaniti.com/wix/p108833671392.aspx">Take our short survey on Fear &amp; Greed here</a>. It only takes a few minutes, and by taking part before 30 June, you&rsquo;ll be in the running to win a $3,000 Luxury Escapes voucher.
And don&rsquo;t miss the latest episode of <a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/">How Do They Afford That?</a> - three financial secret weapons. Get the episode from<a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235"> APPLE</a>,<a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14"> SPOTIFY</a>, or anywhere you listen to podcasts.

Qantas axes Asia flights; ASX200 hits all time high; ABC dumps favoured show

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/7d95419c-b024-4c38-866c-b2f900bb5d96/transcript

It's been a big year for crypto, with record prices and elevated investor interest, even during a time of economy uncertainty.

John O'Loghlen, Managing Director of Coinbase Australia, talks to Sean Aylmer about the Bitcoin boom, and why the government needs to follow through on its regulation commitments.

This is general information only. You should seek professional advice before making investment decisions,.

It's been a big year for crypto, with record prices and elevated investor interest, even during a time of economy uncertainty. John O'Loghlen, Managing Director of Coinbase Australia, talks to Sean Aylmer about the Bitcoin boom, and why the government needs to follow through on its regulation commitments. This is general information only. You should seek professional advice before making investment decisions,.

Interview: Government 'needs to be held accountable' on crypto

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/b74ad04c-8a3e-4e2d-908d-b2f900bb5b39/transcript

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.


Miners lead the way


Aust sanctions Israeli MPs


PEP bids for Johns Lyng


Fletcher bid


LA unrest

This is the <a href="https://fearandgreed.com.au/">Fear and Greed</a> Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
<ol>
<li>
Miners lead the way
</li>
<li>
Aust sanctions Israeli MPs
</li>
<li>
PEP bids for Johns Lyng
</li>
<li>
Fletcher bid
</li>
<li>
LA unrest
</li>
</ol>

Afternoon Report | ASX200 new high

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/383efc43-1615-4502-a558-b2f90077a5b5/transcript

Ask Fear & Greed: Why does the Reserve Bank target 2-3% inflation?

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