Interest Rate Predictions and Economic Pressures

A week since Israel began the conflict with Iran there’s been no great shock to the global economy. 

But a significant escalation in the conflict could see a spike in oil and petrol prices, raising the prospect of surging inflation, once again. 

Today, the ABC’s finance expert Alan Kohler steps through the potential impacts for Australians’ finances and why we shouldn’t be too worried, for now.

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Alan Kohler, ABC finance presenter