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Subscribe On AndroidWelcome to the fifth 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:
📺 RBA’s Cash Rate Decision: Find out all about the Reserve Bank of Australia’s latest cash rate decision, as announced at 2.30pm (AEST) today!
📈 Australia’s Rising Inflation: Annual inflation in Australia is up to 3.8%, but still within the long-term trend. Property prices are mixed, with Sydney’s growth slowing and Perth and Adelaide showing strong growth.
🤷 Mixed Signals In the US: The US shows mixed data, with GDP growth driven by consumer and government spending. The Federal Reserve keeps rates steady but is open to possible rate cuts.
🌱 EU’s Steady Growth: The European Union’s economy shows steady GDP growth at 0.3%, with inflation ticking up to 2.6%. The ECB keeps rates unchanged but hints at possible future rate cuts.
🌟 Exciting Changes Ahead: We’re shaking things up with our RBA cash rate announcements. Soon, you’ll be able to catch Ben & Evan’s commentary LIVE! Plus, we’ve got a quarterly Property Market Update session with Bryce & Ben in the works. More details to come, so stay tuned.
