June 19, 2008 5:46 PM
- Text
6% Inflation? Let's Hope Not | BTalk Australia
The Melbourne Institute's Survey of Consumer Inflationary Expectations showed that Australians expect inflation to hit 5.9% within the next year. Fortunately, as the Institute's Dr Sam Tsiaplias explains to Phil Dobbie, this might be short term pessimism driven by a spike in oil prices. So what is likely to be the real inflation rate by the end of the year? What does this tell us about the Reserve Bank's approach to interest rates?
Click on "Play" above to hear the podcast.
Add your thoughts and comments by clicking "Participate" at the bottom of this post.
Add A Comment +
Popular Now in MoneyWatch
- Most powerful celebrities: JLo in, Sheen out
- Manny Pacquiao denounces anti-gay allegations
- Top 10 cities for college grads
- 10 Best Countries To Live and Work Abroad
- 'American Idol' judges spread the love for final 3
- Top 10 Cities for Single Men
- 4 Things Not to Buy at Costco
- 10 behaviors of the hyper-successful
- Facebook's IPO by the (important) numbers
- Foreclosures reach lowest level since 2007
- The 7 Interview Questions You Must Ask
- Used Cars: 5 to Avoid (and 5 Better Alternatives)
- Use social media? Memorize these vital 12 words
- 4 bosses confess their worst mistakes
- Skechers to pay $40M over shoe benefit claims
- Top 10 Cities for Single Women
Latest CBS News Headlines
on Facebook Most Discussed Stories
on CBS News
- 'Terminator 3' actor Nick Stahl missing in LA
- Attorney: Judge, lawyers drained Rosa Parks estate
- Prosecutor: Plea deals set in Fla. A&M hazing case
- Swift gives $4M to Country Hall of Fame expansion
on Facebook Most Discussed Stories
on CBS News
