Expert predicts official cash rate to hit 4%t as inflation continues to rise

Expert predicts official cash rate to hit 4%t as inflation continues to rise

7NEWS Australia published this video item, entitled “Expert predicts official cash rate to hit 4%t as inflation continues to rise” – below is their description.

7NEWS Australia YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

Recent from 7NEWS Australia:

Accused of murder in Sydney, Mario Santoro make s hock legal move in Brazil | 7NEWS

Satisfaction levels among teaching staff in NSW has fallen | 7NEWS

Taronga Zoo’s cable car, the Sky Safari, closes | 7NEWS

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

5 Recent Items: Inflation

Structural Forces to Impede Inflation’s Fall: Invesco’s Lodaya

UK economy set to shrink in 2023 in weakest performance among G7, IMF warns

Ferguson: The Fed wants to ensure people they’re being vigilant, but aren’t ready to pause or pivot

Pakistan residents struggle to make a living amid soaring fuel prices

UBS CEO Hamers Says Wealth Clients Are in ‘Wait and See’ Mode

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.