Rising education, health and rental costs have kept inflation higher than expected this year. Economics correspondent Peter Hannam tells Nour Haydar what the Reserve Bank’s reaction might be – are all hopes of an interest rate cut this year gone? And what does this mean for any cost of living relief the government might be considering?

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The Guardian

Is stubborn inflation taking away any hope for an interest rate cut?

MAY 1, 202414 MIN
Full Story

Is stubborn inflation taking away any hope for an interest rate cut?

MAY 1, 202414 MIN

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Rising education, health and rental costs have kept inflation higher than expected this year. Economics correspondent Peter Hannam tells Nour Haydar what the Reserve Bank’s reaction might be – are all hopes of an interest rate cut this year gone? And what does this mean for any cost of living relief the government might be considering?