Rn Breakfast - Separate Stories Podcast
Interest rates to keep rising to tame 7% inflation
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:06:38
- More information
Informações:
Synopsis
RBA Governor Philip Lowe says the bank will do whatever it takes to lower inflation, which he says will now top 7% this year. Economist and former RBA board member Warwick McKibbin says the official cash rate will have to rise above 3% to get the job done.
