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Relative Return Insider: RBA holds rates steady amid inflation concerns

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Manage episode 517918733 series 2774996
Content provided by Momentum Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Momentum Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Relative Return Insider, host Keith Ford and AMP deputy chief economist Diana Mousina take a look at the Reserve Bank's unanimous decision to leave rates on hold on Melbourne Cup Day and whether future cuts are still on the cards.

Following higher-than-expected inflation numbers last week, the RBA surprised no one as it left rates unchanged, however Mousina suggested the central bank might be overemphasising recent inflation data and not fully accounting for potential weakening in the labour market and consumer spending.

They also explore: • The impact that Q3 reporting for AI and tech stocks has had on the US market. • Continued volatility in cryptocurrency markets reflecting the speculative nature of digital assets. • Whether the government shutdown in the US will start to impact the broader economy.

  continue reading

404 episodes

Artwork
iconShare
 
Manage episode 517918733 series 2774996
Content provided by Momentum Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Momentum Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Relative Return Insider, host Keith Ford and AMP deputy chief economist Diana Mousina take a look at the Reserve Bank's unanimous decision to leave rates on hold on Melbourne Cup Day and whether future cuts are still on the cards.

Following higher-than-expected inflation numbers last week, the RBA surprised no one as it left rates unchanged, however Mousina suggested the central bank might be overemphasising recent inflation data and not fully accounting for potential weakening in the labour market and consumer spending.

They also explore: • The impact that Q3 reporting for AI and tech stocks has had on the US market. • Continued volatility in cryptocurrency markets reflecting the speculative nature of digital assets. • Whether the government shutdown in the US will start to impact the broader economy.

  continue reading

404 episodes

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