EPISODE · Jul 10, 2024 · 3 MIN
Red Sea shipping attacks stoking global inflation and interest rate rise risks
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
The shipping crisis in the Red Sea from continuing attacks by Houthi militants is likely to stoke global inflation pressures and risk another Reserve Bank interest rate rise. Economist Chris Richardson says there are also global jitters about Donald Trump's possible election as US president and a ramped-up trade war with China.
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Red Sea shipping attacks stoking global inflation and interest rate rise risks
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