CommBank Global Economic & Markets Update podcast

The RBA’s hiking cycle

May 6, 2022

It was a big week for the Reserve Bank of Australia (RBA) with the first lift in the cash rate since 2010. The RBA raised the cash rate from 0.10% and 0.35%.  The large Q1 22 CPI result was the clear catalyst for the hike.  And the RBA have gone from wanting to see inflation rise to be “sustainably within the target band” to inflation fighters in a matter of months. In this podcast Gareth Aird, Head of Australian Economics and Belinda Allen, Senior Economist discuss the hiking cycle and what to watch for as interest rates lift.

 

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