Larry Williams Drive

Paul Bloxham: We thought they'd wait till June to start lifting rates

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Sinopsis

Rates are officially on the move up in Australia as well.  The RBA this afternoon lifted the OCR by a quarter of a percent... To 0.35%. Reserve Bank Governor Philip Lowe signalled this is just the start of a series of raises after Australian inflation came in at 5.1%.  HSBC chief economist Paul Bloxham joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.