# Rates Hold as Economy Slows

Page: https://stenobird.com/podcast/perth-news-today-2-min-news-the-daily-news-now-7574199/rates-hold-as-economy-slows
Text version: https://stenobird.com/podcast/perth-news-today-2-min-news-the-daily-news-now-7574199/rates-hold-as-economy-slows.md
Podcast: [Perth News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/perth-news-today-2-min-news-the-daily-news-now-7574199)
Published: 2026-06-16T04:42:47+00:00
Episode link: https://api.fastcast.ai/audio/0bd79834-844b-4247-b95d-e32b86c25598.mp3
Audio file: https://api.fastcast.ai/audio/0bd79834-844b-4247-b95d-e32b86c25598.mp3
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Duration seconds: 83

## Resource

The Reserve Bank held interest rates steady at 4.35% amid slowing economic activity and a four-year high in unemployment, sparing mortgage holders from even higher payments—but at a cost: households are cutting back, dipping into savings, and struggling with essentials like fuel. With inflation potentially peaking higher and global fuel prices on the rise, markets are betting on another hike soon, while some economists hope for cuts by mid-2027. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/fa880b69e47b3806

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## Transcript

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