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Subscribe On AndroidIt’s the second-last RBA Cash Rate Announcement of 2024, and our hosts Ben Kingsley and Evan Lucas are back to discuss the RBA’s latest decision and the latest economic trends in Australia and around the globe.
Tune in as we break down the usual big topics: GDP, inflation, unemployment, consumer and business confidence, central bank moves, and more.
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 (AEDT) today!
🇦🇺 Australia’s Sticky Inflation and Next Rate Cut: Inflation is still the big focus for Australia, and Evan shares why he believes childcare subsidies should be prioritised. Ben and Evan don’t quite agree on where rates will go in 2025 – leading to a $50 bet!
🇺🇸 All Eyes on the US Federal Elections: We discuss the potential impact of the upcoming US presidential election on both US and global markets. Rates are expected to trend downward, but the timing and pace of cuts are still up in the air. Could Australia follow the US’s lead on rate changes next year?
🇨🇳 China’s Slow Growth Despite Major Stimulus Efforts: China’s economy is in a balancing act, caught between President Xi’s policies and strict financial regulations from prior years. With growth targets set at 5%, the Chinese government may need to push more stimulus, especially if a Trump presidency complicates trade for China.
🇪🇺 Germany’s Tariffs on Chinese EVs: Germany’s economy is showing signs of strain, and Volkswagen, among others, is feeling the pressure. This economic fragility could push the European Central Bank towards new actions. We also explore the impact of a possible Trump presidency on trade tariffs and European funding for Ukraine.
