Story thread · 2 reports / 2 sources

From fuel wars to AI: the forces driving the RBA rate decision – podcast

theguardian.com · 18h · first reportShare

With inflation proving stubborn and global economic pressures mounting, Australians are bracing for another potential interest rate rise. Could pushing the cash rate to its highest level since 2011 send struggling households over the edge? Economics editor Patrick Commins joins Reged Ahmad to unpack what’s driving the decision and what it means for the broader economic outlook Read more: RBA expected to hike cash rate to 4.6%, its highest level since 2011 Diesel prices across Australia could surge beyond $3 a litre as Trump eyes cut to US fuel exports Continue reading...