There are a lot of lags in the economy right now. The cost of a bag of chips is a good example. The impact of multiple RBA rate hikes on mortgage holders now coming off fixed rates is another. Some of the lags are really hurting. This episode we explore the impact of lags, and whether the RBA will take any of them into account when it makes its August interest rate decision. While some economists think it's a flip of the coin, they are agreed we're not far from the top of the hiking cycle. Analysis of the latest inflation data is a good place to start in understanding how the economy is performing and where consumers are feeling it. And maybe, just maybe - the data is telling us to stay away from the carbs ;-)

Barrenjoey Senior Economist Johnathan McMenamin and Impact Economics, Economics Manager Emma Grey join Gillian to explain.

Click here to see the Australian Bureau of Statistics Graph

Measuring What Matters Statement

There are a lot of lags in the economy right now. The cost of a bag of chips is a good example. The impact of multiple RBA rate hikes on mortgage holders now coming off fixed rates is another. Some of the lags are really hurting. This episode we explore the impact of lags, and whether the RBA will take any of them into account when it makes its August interest rate decision. While some economists think it's a flip of the coin, they are agreed we're not far from the top of the hiking cycle. Analysis of the latest inflation data is a good place to start in understanding how the economy is performing and where consumers are feeling it. And maybe, just maybe - the data is telling us to stay away from the carbs ;-)
Barrenjoey Senior Economist <a href="https://www.linkedin.com/in/johnathan-mcmenamin-75573692/">Johnathan McMenamin</a> and Impact Economics, Economics Manager <a href="https://www.linkedin.com/in/emma-grey-4b914b66/">Emma Grey</a> join <a href="https://www.linkedin.com/in/gillian-bowen-7b310215b/">Gillian</a> to explain.
Click <a href="https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/jun-quarter-2023">here</a> to see the Australian Bureau of Statistics Graph
<a href="https://treasury.gov.au/publication/p2023-mwm">Measuring What Matters Statement</a>

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know. The discussions in this podcast do not refer to your individual circumstances and do not give individual financial advice. You should seek your own independent advice, relevant to you, when making financial decisions.

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know...

Advertisement