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| Name | Inflation falls, so when will the RBA cut interest rates? | The Business | ABC News |
| Video Uploader | Video From ABC News (Australia) |
| Upload Date | This Video Uploaded At 31-01-2024 08:30:19 |
| Video Discription | Inflation has fallen to its lowest level in two years, making it all but certain the Reserve Bank will keep interest rates on hold in February. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-01-31/inflation-consumer-price-index-december-quarter-2023/103407816 Some economists and business groups have accused the RBA of going too hard by lifting rates in November, claiming the central bank is risking a recession. The cash rate is currently 4.35 per cent. ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia [m7gj4tK1SZA] |
| Category | News & Politics |
| Tags | Australia | abc | abc news | news | inflation | recession | cpi | consumer price index | abs | interest rates | rates | rate hike | cash rates | cost of living | rba | reserve bank | rba governor | michele bullock | mortgages | home loans | money | markets | emilia terzon | economy | economic news | finance | finance news | business news | Australia news |
