Episode
Did another interest rate rise just evaporate?
- Podcast
- ABC News Top Stories
- Published
- Jul 29, 2026
- Duration seconds
- 212
- Processing state
not_requested
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Summary
The most important bit of data is in ahead of the August Reserve Bank board meeting to set the direction of interest rates. It's inflation, and the rate of price rises is still too high, but crucially, it came in below expectations and plenty of traders on the markets now think interest rates will stay where they are, for now at least. What does the data reveal about the cost of living and your mortgage repayments?