
AI special, WFH power struggle & is the rate pain really over?
Chanticleer
00:00
The RBA's Concern About Rate Rises
I wouldn't be surprised if there's one more for the road, but what do you reckon? I think there's two things playing on the RBA's mind. The employment market is still so tight, and we are seeing some impressive wage growth coming through. People are still spending down there, savings from the pandemic will just continue to be there in the background. No one's really hurting out there. Everyone's still got a job. And I'm still a little bit worried about inflation. So I'm always, well, leave rates higher for longer. History says that the RBA leaves the rates at their peak level for between six to 12 months. Perhaps with a softer landing
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