Episode# 74: The Reserve Bank of Australia holds on 4.1%, but for how long?

AMP’s Chief Economist, Dr. Shane Oliver takes a closer look at the Australian Reserve Bank's choice to leave interest rates on hold at 4.1%. However are we still heading towards a 50% chance of a recession next year, and will we see a number of rate cuts as early as February 2024? Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 05 July 2023. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.