EPISODE · Jul 18, 2023 · 6 MIN
Fears of jobless spikes forced RBA rates "pause" - so are the hikes over?
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
Fears about an unexpected spike in the jobless rate appear to have forced the Reserve Bank to leave interest rates steady a fortnight ago. That's stoked concerns that the RBA is now worried about going too far with it's aggressive rate hikes - to the point where consumers stop spending and push the economy into a recession.
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Fears of jobless spikes forced RBA rates "pause" - so are the hikes over?
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