This week on The Fin, economics correspondent Michael Read explains why inflation has proved stickier than expected and raised the stakes for the Reserve Banks's big policy gamble.

This podcast is sponsored by Smartsheet.

Further reading:

https://www.afr.com/policy/economy/inflation-hits-six-month-high-raising-risk-of-a-rate-rise-20240626-p5jot7
Investors say there is now a one-in-three chance of an August interest rate rise after inflation accelerated to its highest rate in six months and economists warned price pressures remained too strong.

https://www.afr.com/policy/economy/rba-won-t-be-influenced-by-europe-and-canada-on-rate-cuts-20240607-p5jk4z
The Reserve Bank of Australia will not be swayed by interest rate cuts in Canada and Europe, says deputy governor Andrew Hauser, as he warns that high inflation is having “toxic” effects on households and preventing businesses from expanding.

https://www.afr.com/policy/economy/rba-board-split-in-doubt-as-libs-dig-in-20240509-p5in16
Treasurer Jim Chalmers could be forced to shelve his signature plan to create a specialist interest rate-setting board at the Reserve Bank of Australia after a breakdown in talks with the Coalition.

This week on The Fin, economics correspondent Michael Read explains why inflation has proved stickier than expected and raised the stakes for the Reserve Banks's big policy gamble.
This podcast is sponsored by <a href="https://www.smartsheet.com/operate-peak-human?utm_source=nine&amp;utm_medium=audio&amp;utm_campaign=o@ph-au&amp;utm_content=afrpodcast" data-stringify-link="https://www.smartsheet.com/operate-peak-human?utm_source=nine&amp;utm_medium=audio&amp;utm_campaign=o@ph-au&amp;utm_content=afrpodcast" data-sk="tooltip_parent">Smartsheet.</a> 
Further reading: <a href="https://www.afr.com/policy/economy/inflation-hits-six-month-high-raising-risk-of-a-rate-rise-20240626-p5jot7" data-stringify-link="https://www.afr.com/policy/economy/inflation-hits-six-month-high-raising-risk-of-a-rate-rise-20240626-p5jot7" data-sk="tooltip_parent">https://www.afr.com/policy/economy/inflation-hits-six-month-high-raising-risk-of-a-rate-rise-20240626-p5jot7</a> Investors say there is now a one-in-three chance of an August interest rate rise after inflation accelerated to its highest rate in six months and economists warned price pressures remained too strong.
<a href="https://www.afr.com/policy/economy/rba-won-t-be-influenced-by-europe-and-canada-on-rate-cuts-20240607-p5jk4z" data-stringify-link="https://www.afr.com/policy/economy/rba-won-t-be-influenced-by-europe-and-canada-on-rate-cuts-20240607-p5jk4z" data-sk="tooltip_parent">https://www.afr.com/policy/economy/rba-won-t-be-influenced-by-europe-and-canada-on-rate-cuts-20240607-p5jk4z</a> The Reserve Bank of Australia will not be swayed by interest rate cuts in Canada and Europe, says deputy governor Andrew Hauser, as he warns that high inflation is having “toxic” effects on households and preventing businesses from expanding.
<a href="https://www.afr.com/policy/economy/rba-board-split-in-doubt-as-libs-dig-in-20240509-p5in16" data-stringify-link="https://www.afr.com/policy/economy/rba-board-split-in-doubt-as-libs-dig-in-20240509-p5in16" data-sk="tooltip_parent">https://www.afr.com/policy/economy/rba-board-split-in-doubt-as-libs-dig-in-20240509-p5in16</a> Treasurer Jim Chalmers could be forced to shelve his signature plan to create a specialist interest rate-setting board at the Reserve Bank of Australia after a breakdown in talks with the Coalition.

A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.

Search The Fin and follow us wherever you get your podcasts.

A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.
Search The Fin and follow us wherever you get your podcasts.

A weekly podcast that examines the biggest stories in business, markets and politics, and why they matter.

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