Raising rates to bring down prices

Cost of living is expensive right now, particularly the essentials - the latest CPI data was a bit of a shock. We take a look at what's rising the most, what's driving it and what is about to be done to help. If the idea of an RBA interest rate rise and it helping with rising inflation is hurting your brain - this is the episode for you. Plus there are some positives from a cash rate hike. Peter Munckton, Chief Economist at Bank of Queensland, and Matthew Bunny, Economist at Westpac Group join Gillian to explain. More about Gillian here. Other useful episodes if you're feeling overwhelmed:The Joy of Money What's your 'money story'? Why you should lose your credit card every year? The Circular Economy - and the cash hiding in your home

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