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Albanese blamed as rate hike looms

Albanese blamed as rate hike looms

7News Just In
1 min
Monday
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About the episode

A new poll reveals 40% of Australians blame Prime Minister Anthony Albanese for the ongoing cost of living crisis, while the Reserve Bank is expected to raise interest rates from 3.85% to 4.1%. The anticipated rate hike would add approximately $100 per month to average mortgage repayments, with Treasurer Jim Chalmers warning inflation could reach 4%.See omnystudio.com/listener for privacy information.