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Podcast: The Property Couch
Episode: RBA May 2024 | The Inflation Psychology Story
Description: Welcome to the third RBA Rate Release of 2024 with Ben Kingsley and Evan Lucas!Here's a sneak peek into what our hosts cover in today's episode: ๐บ RBAโs Interest Rate Decision: Find out all about the Reserve Bank of Australiaโs cash rate decision, as announced at 2.30pm (AEDT) today! ๐ Australia's Inflation Challenges: The Q1 inflation rate is at a stubborn 3.6%, which is above the RBA's comfort zone of 2-3%. Find out why non-tradables like healthcare and rental housing are giving inflation a nudge, as well as the potential interest r...