
the podcast on
All eyes are on the Reserve Bank - for its next moves on our high inflation.
The latest Consumers Price Index reveals inflation's at 7.2 percent - confounding economists prediction of a drop to below seven.
Some thought it'd go as low as 6.3.
Former Reserve Bank economist, Michael Reddell says that forecasting inflation can be a mug's game, because things move around so much.
Australia's inflation rate is sitting at 6.1 percent, and economists there expect a rise to 6.9 next week.
LISTEN ABOVE
Ìý
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeart app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeart is easy to use and all FREE
