Australian banks hold rates steady amid economic concerns

Two of Australia's biggest banks are now expecting interest rates to remain on hold as rising unemployment and signs of economic weakness reshape expectations for the economy. What does this mean for borrowers, businesses and investors, and could the next move from the Reserve Bank be a rate cut instead? Matt Grudnoff from the Australia Institute joins Ticker to break down the key issues affecting households, markets and policymakers. Subscribe to never miss #AustraliaEconomy #InterestRates #RBA #Inflation #ElectricVehicles #EVSales #Recession #AustralianBanks Subscribe to never miss an episode of Ticker - https://www.youtube.com/@weareticker