Catherine Palmer

Coming up, the Reserve Bank raised the cash rate to a 15-year high this week in response to soaring inflation, which remains well above 3%.

We have an exclusive television interview with Catherine Palmer from the world's largest asset manager, BlackRock, to get her views on the economy and future rate rises.

Inflation was a concern before we even started this year.

We had capacity constraints, we had prices just being sticky.

Australia's central bank raised interest rates this week to a 15-year high of 4.6%.

It also released its financial stability review report, which flagged elevated threats from ongoing geopolitical tensions, growing vulnerabilities in global financial markets and rising pockets of mortgage stress across Australia.

So let's bring in here Catherine Palmer, the head of fixed income at BlackRock Australia.

Catherine, thanks for your time.

Traders now put the odds of another hike in November at about 56% before today's decision that was closer to a coin toss.

BlackRock's Catherine Palmer says November is very much live, particularly given the vote was unanimous.

And the OECD and the IMF have both been urging the RBA to stay vigilant.

There's a catch though.

Okay.

The story begins, and this is from Catherine Palmer over at The Chronicle.

She writes, Governor Gavin Newsom signed a bill Saturday that bans other states from deploying National Guard troops to California without permission in response to President Donald Trump's unprecedented use of military troops against U.S. citizens during his second term.

Here's what's fascinating.