Episode Details
Back to Episodes
Australia's Inflation Surges, Rate Hike Looms
Published 4 weeks ago
Description
Australias inflation surges to 4.6%, with fuel prices skyrocketing 32.8%—the biggest jump in years. The Reserve Bank of Australia is poised to raise interest rates at their May meeting to curb this global oil-driven shock and prevent it from causing widespread economic harm.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/0261015f06b00034