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What does the US rate cut mean for Australia?

What does the US rate cut mean for Australia?

Update: 2024-09-18

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While the Reserve Bank is holding interest rates at a 12-year high in Australia, the U.S. Federal Reserve has just announced they will cut U.S. interest rates.

Overnight the Federal Reserve said it will cut interest rates by half-a-percentage point - citing greater confidence about inflation. So, what does this mean for Australia - and could we see the RBA cut rates sooner?

Guest:Steven Hamilton, Assistant Professor of Economics at George Washington University and a Visiting Fellow at the Tax and Transfer Policy Institute at the Australian National University
Producer: Lachlan Orr

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What does the US rate cut mean for Australia?

What does the US rate cut mean for Australia?

Australian Broadcasting Corporation