Podknife - US Federal Reserve keeps rates on hold by RN Breakfast

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US Federal Reserve keeps rates on hold

Podcast |: RN Breakfast - Separate stories podcast
Publisher |: ABC Podcasts
Media Type |: audio
Podknife tags |: Australia,; Interview,; News & Politics,; On The Radio
Categories Via RSS |: Daily News,; News
Publication Date |: Dec 13, 2023
Episode Duration |: 00:08:58

The US Federal Reserve has decided to keep interest rates on hold at 5.25% to 5.5%, in line with market expectations.

Data from the US shows inflation slowing to 2.1 per cent, getting close to the Federal Reserve's target of 2 per cent. So, what are the implications of this decision for Australia?

Guest: Justin Wolfers, Professor of Economics and Public Policy at the University of Michigan

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