The RBA shocked markets this week by keeping interest rates on hold at 3.85%, despite widespread expectations for a third cut in five months. That decision left millions of mortgage holders disappointed and raised new questions about the central bank’s strategy as inflation continues to ease.

This week on the podcast, Chris Bourke speaks with economy reporter Swati Pandey about why markets misread the RBA, what Governor Michele Bullock’s signals mean for future moves, and what could prompt the next cut. They also unpack the impact on housing and how global risks like President Trump’s tariff threats are complicating the outlook.

The RBA shocked markets this week by keeping interest rates on hold at 3.85%, despite widespread expectations for a third cut in five months. That decision left millions of mortgage holders disappointed and raised new questions about the central bank&rsquo;s strategy as inflation continues to ease. This week on the podcast, Chris Bourke speaks with economy reporter Swati Pandey about why markets misread the RBA, what Governor Michele Bullock&rsquo;s signals mean for future moves, and what could prompt the next cut. They also unpack the impact on housing and how global risks like President Trump&rsquo;s tariff threats are complicating the outlook.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Interest Rate Cut That Didn’t Happen, And What Comes Next

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b381018a-a824-4b6c-9cd0-b3160022131b/transcript

Advertisement