Interest rate

Tim, welcome back to Connecting the Dots.

Thanks for having me, Faiz, and

you're clearly a glutton for punishment.

Hey, mate, I know you love your government bonds.

All right, coming up on today's episode of Lamestream, more on the US elections, including some of the last minute pre-election madness, Donald Trump's desperate attempt to pivot against Israel, and just how strong the Democrat resurgence was at these midterm elections.

Later in the show, with Australia's economy seemingly headed for recession and record high interest rates, why is the media demanding that the government cut public spending? We'll break down exactly what's going on with the economy, the reported tensions between Anthony Albanese and his treasurer, Jim Chalmers, and what alternatives to interest rate rises we actually have to tackle inflation.

And in keeping tabs, why has the Helen Haynes story disappeared and the media rolling out the red carpet for One Nation despite their attacks on press freedom? You can follow us at LamestreamPod on social media, YouTube, Instagram, and TikTok.

It's the best place to stay up to date with everything we're pumping out.

That's M-O-D dot com.

Scott, the big Australian political story at the moment is the state of the economy, the pressure the government is under to find some kind of solution to rising inflation and slow economic growth.

On Tuesday, the Reserve Bank lifted interest rates to 4.85%.

It's the fifth rise this year, brings rates to the highest level since 2008, which was before the global financial crisis.

......吼。

那我们来 recap 一下。欸......前一周呢，我们上的是这个跟升息有关的 Fed rate hike。

欸......大家等很久了吼——

是是是。

对，那我看的就是比较 keyword based，就是——

嗯。

......rate hike 这件事情。

嗯。