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Are we any closer to an interest rate cut?
Manage episode 450209159 series 2902253
Wages are now growing at their slowest annual pace in three years and yesterday's job figures came in as expected, remaining steady in October, at 4.1 per cent.
But neither of those indicators are likely to change the Reserve Bank's thinking on official interest rates, when the board meets early next month — for its last meeting of the year. So, when can we expect a rate cut?
- Guest: Saul Eslake, Independent Economist
- Producer: Scott Wales
256 episoder
Manage episode 450209159 series 2902253
Wages are now growing at their slowest annual pace in three years and yesterday's job figures came in as expected, remaining steady in October, at 4.1 per cent.
But neither of those indicators are likely to change the Reserve Bank's thinking on official interest rates, when the board meets early next month — for its last meeting of the year. So, when can we expect a rate cut?
- Guest: Saul Eslake, Independent Economist
- Producer: Scott Wales
256 episoder
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