Economic data
High inflation and interest rates: can Labor escape the blame? - podcast
With the Reserve Bank poised to hike interest rates today, voters are increasingly pointing the finger at government spending rather than global headwinds. But with household budgets already stretched to breaking point, can Jim Chalmers tame inflation without triggering a recession?Guardian Australia economics editor Patrick Commins joins Reged Ahmad to unpack whether Labor is losing control of the economic narrative.Read more:Is the government really on an ‘out-of-control’ spending splurge? It’s complicatedAlbanese concedes savings needed as he faces internal Labor pressure on cost-of-living
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