ABC Business Daily

ABC Australia

Inflation still too high for the RBA

SEP 30, 202621 MIN

Description

Fresh inflation figures from the Australian Bureau of Statistics give us a look under the hood of an economy running hot.  So just what is keeping inflation higher than the RBA would like?  How does this fresh data affect the odds of a further rate hike in November? And how are central banks responding to the global bond market? Carrington Clarke and Paul Bloxham HSBC’s Chief Economist for Australia, New Zealand, and Global Commodities, break it all down on ABC Business Daily. Got a burning business question? We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.