With rates on the rise, higher inflation and wages below expectation, has Australia’s central bank panicked by hiking rates by 50bps, the largest monthly move in over 20 years? The RBA’s charter is to ensure the economic prosperity and welfare of the Australian people, which increasingly appears to be being overlooked in favour of an inflation target that isn’t easily achievable without causing recession.
Darren and Chris discuss this and more in episode in episode 28 of The Rate Debate.
Listen to the full podcast series:
- Podcast 1: The Rate Debate
- Podcast 2: Down, but not out
- Podcast 3: The Rate Debate Special Edition
- Podcast 4: The RBA’s buying spree
- Podcast 5: Credit crunch or crisis?
- Podcast 6: Out of step
- Podcast 7: Sting in the tale
- Podcast 8: Is Australia ready for more monetary stimulus?
- Podcast 9: Talk is cheap
- Podcast 10: Has the RBA gone too far by not going far enough?
- Podcast 11: The RBA finally unleashes the bazooka
- Podcast 12: Could house prices top 20% growth in 2021?
- Podcast 13: Could housing be the good news story for 2021?
- Podcast 14: What’s driving interest rates higher?
- Podcast 15: Is the free ride over?
- Podcast 16: Are we heading for a debt trap?
- Podcast 17: Could an increase in interest rates derail the housing market?
- Podcast 18: The market versus the RBA – is a hike before 2024 likely?
- Podcast 19: RBA sees Delta impact as a temporary phenomenon
- Podcast 20: Is the RBA banking on a rebound?
- Podcast 20: Is the RBA banking on a rebound?
- Podcast 21: Is the heat coming off the housing market?
- Podcast 22: Bond market loses confidence in the RBA’s forward guidance
- Podcast 23: The reopening trade to determine economic growth in 2022
- Podcast 24: Podcast 24: RBA ends QE and pushes back on rate hike
- Podcast 25:RBA ends QE and pushes back on rate hike
- Podcast 26: How high and how fast can rates go?
- Podcast 27: Is the RBA risking a recession to solve inflation?
- Podcast 28: Has the RBA hit panic mode?