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.
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It’s home to the world’s biggest miner and the most China-dependent economy on Earth. The business news of Australia is more important than ever before. Join Rebecca Jones and our team of reporters each week for the smart local analysis you want, with the global context you need into Australia’s biggest stories.
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