Surprise inflation uptick means interest rates to stay higher for longer

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

A surprise rebound in consumer inflation is likely to pressure the Reserve Bank to leave interest rates higher for longer. Headline inflation has defied forecasts by ticking higher to 3-point-6 percent in the 12 months to April. Reporter: Peter Ryan, Senior Business Correspondent

Episode metadata supplied by the publisher feed · Published May 29, 2024

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Surprise inflation uptick means interest rates to stay higher for longer

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