Rate hikes unlikely after inflation slows, housing market splits, Rio’s bumper $9b profit
FEAR & GREED | Business News
<p><strong>Thursday 1 August 2024</strong></p>
<p><strong>Interest rate hikes are off the table after inflation shows signs of slowing. </strong></p>
<p>And more, including:</p>
<ul>
<li>The housing market splits into two, with the smaller capital cities soaring as most of the rest of the country sags</li>
<li>Rio Tinto kicks off reporting season with a bumper $9 billion half year profit</li>
<li>And about 600 jobs are at risk following the collapse of Rex</li>
</ul>
<p><strong>Plus don’t miss the latest episode of </strong><a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/" rel="nofollow"><strong>How Do They Afford That?</strong></a><strong> - debt repayment strategies, from the debt snowball to the debt avalanche. Get the episode from</strong><a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"><strong> </strong><strong>APPLE</strong></a><strong>,</strong><a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"><strong> </strong><strong>SPOTIFY</strong></a><strong>, or anywhere you listen to podcasts.</strong></p>
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