The market expects rates to fall – but that may be optimistic

Greg Jericho discusses the decisions facing the Reserve Bank in coming months and a new report showing that rate rises hurt Australians more than anyone in the world.

The International Monetary Fund (IMF) shows that Australians feel the pinch of interest rate rises more than people in any other advanced economy. On this episode, Greg explores the reasons why – and why house prices have more to do with it than the IMF thinks.

Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.

australiainstitute.org.au // @theausinstitute

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut

Producer: Jennifer Macey // @jennifermacey

Additional editing: Emily Perkins

Theme music: Blue Dot Sessions

Show notes:

‘Monetary policy, mortgages, and the housing market’, VoxTalks Economics, Centre for Economic Policy Research (CEPR)

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

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