Wednesday, July 19, 2023

Fears of jobless spikes forced RBA rates "pause" - so are the hikes over? And the big reputational bill from Dan Andrew's canning of the 2026 Commonwealth Games

Fears about an unexpected spike in the jobless rate appear to have forced the Reserve Bank to leave interest rates steady a fortnight ago.

That's stoked concerns that the RBA is now worried about going too far with it's aggressive rate hikes - to the point where consumers stop spending and push the economy into a recession.

I speak with Tom Oriti on ABC Newsradio

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