Why RBA and Treasury inflation forecasts are different | The Business | ABC News
Westpac Group chief economist and former RBA assistant governor, Luci Ellis says while much has been made about the difference in inflation forecasts between the government and Reserve Bank, they're not far apart. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/business
She thinks the probability of an interest rate hike has declined, following the latest wages and jobs data.
But she warns the government is walking a fine line between providing support and services to a household sector under pressure and avoiding adding to that pressure by boosting inflation and possibly interest rates.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
Видео Why RBA and Treasury inflation forecasts are different | The Business | ABC News канала ABC News (Australia)
She thinks the probability of an interest rate hike has declined, following the latest wages and jobs data.
But she warns the government is walking a fine line between providing support and services to a household sector under pressure and avoiding adding to that pressure by boosting inflation and possibly interest rates.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
Видео Why RBA and Treasury inflation forecasts are different | The Business | ABC News канала ABC News (Australia)
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
The burden of not knowing, a sister's perspective on grieving a missing person | ABC NewsRare look inside high-security forensic lab | ABC NewsPetelczyc murders trigger painful memories for sister of Lynn Cannon | ABC NewsTicketek Australia hit by data breach | ABC NewsOne woman's mission to bring Torres Strait cuisine to the world | ABC NewsReport finds Tasmania's privacy laws don't adequately protect community | ABC NewsINTRODUCING: ABC NRL DailyFormer Thai PM Thaksin Shinawatra set to face trial over alleged royal insult | The WorldAustralians missing out on billions in gas royalties each year | The Business | ABC NewsPolice launch new search as part of Samantha Murphy investigation | ABC NewsMacquarie Island "flourishing" 10 years after pest-free status | ABC NewsIcelandic volcano erupts on Reykjanes Peninsula for fifth time in six months | ABC NewsASX falls as higher inflation pushes back rate cut bets | Finance Report | ABC NewsHow Jimmy Rees has reinvented his career | 7.30Game of Thrones' Littlefinger actor Aidan Gillen on playing a charming sociopath | 7.30Why Finland's schools outperform most others across the developed world | 7.30The first tropical cyclone of the season could form in coming days | ABC NewsHundreds of builders have gone bust this year and more are expected to follow | 7.30Perth Airport to get one terminal for domestic, international flights | ABC NewsQuantum computing discovery by Aussie company brings technology closer than ever | News BreakfastASX slumps for third straight session | Finance Report | ABC News