Inflation’s jumped again - is another rate rise coming?

Inflation’s jumped again - is another rate rise coming?

From The Economy, Stupid by ABC Australia

April 30, 2026 · 30 min

About this episode

The episode discusses the recent surge in inflation and its implications for interest rates and the economy.

Inflation has surged to its highest level in years, driven by soaring fuel prices, higher energy costs and global instability. For households already squeezed by rate rises, the pressure is mounting. Is this a short‑term shock the Reserve Bank can look through or the start of another prolonged inflation fight? What happens next for interest rates, wages, jobs, and the economy as a whole just one week before the Budget? Guests:Diana Mousina, Deputy Chief Economist, AMPDavid Bassanese, Chief Economist, BetaShares Show links: See how the price of everything has changed , ABC News StoryLab, March 30, 2026 Consumer Price Index, Australian Bureau of Statistics , March 29, 2026 Why the official inflation rate feels wrong , The Economy Stupid, October 30, 2025 Stagflation is about to push unemployment higher: here's what to expect , The Economy Stupid, March 26, 2026

People in this episode

Guests: Diana Mousina, David Bassanese

Topics covered

  • inflation
  • interest rates
  • economy
  • energy costs
  • global instability
  • household pressure

Keywords

  • inflation
  • interest rates
  • Reserve Bank
  • energy costs
  • household pressure
  • global instability

Mentioned in this episode

Organizations: Reserve Bank, AMP, BetaShares

Places: Australia

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