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SBS On the Money: Higher inflation pushes back rate cut hopes to 2025

Author
SBS Audio
Published
Wed 29 May 2024
Episode Link
https://www.sbs.com.au/news/podcast-episode/sbs-on-the-money-higher-inflation-pushes-back-rate-cut-hopes-to-2025/f7w9pzs4h

The monthly inflation indicator rose from an annual rate of 3.5% to 3.6% in April pushing back the chances of any interest rate cuts. Rhayna Bosch speaks with BDO Economist Tania Dey while SBS Finance Editor Ricardo Gonçalves talks with Niv Dagan from Peak Asset Management to find out what it means for the economy and sharemarket.

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