Luke Yeaman, Chief Economist at Commonwealth Bank, shares insights on the Reserve Bank's latest cash rate cut. He discusses whether inflation is truly under control, exploring the likelihood of more rate cuts this year. Yeaman examines how these changes might influence consumer behavior and the economy, highlighting cautious spending trends in Australia. The conversation also touches on the impact of the ongoing tariff war and global economic uncertainties, shedding light on Australia’s position amid these challenges.
