The Hidden Truth Behind RBA's Rate Cut Delays

The Reserve Bank of Australia has made a historic move by cutting the official cash rate for the first time since November 2020, offering relief to homeowners.

The rate has dropped from 4.35% to 4.10%, as inflation shows signs of easing. However, the RBA remains cautious, warning of economic uncertainties that could still push inflation higher.

Professor Tim Harcourt from UTS, host of The Airport Economist, joins Ticker to break down what this means for mortgage holders and the broader economy.

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