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	Podcast:		Please Explain
	Episode:		Will inflation force the RBA’s hand on an interest rate rise?
	Category:		News & Politics
	Duration:		00:11:22
	Publish Date:		2021-10-28 01:56:08
	Description:		The chances of a rate hike after next year’s federal election are growing after a surprise spike in inflation from record high petrol prices and surging home building costs. The RBA says it expects to hold the official interest rates until at least 2024 but financial markets, which pushed the Australian dollar and bond rates up after the inflation figures, believe the RBA will push interest rates up. Today on Please Explain, senior economics correspondent Shane Wright joins Nathanael Cooper to make sense of the inflation conundrum. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ See omnystudio.com/listener for privacy information.
	Total Play:		0