Paul Bloxham: HSBC Chief Economist on Australia and New Zealand looking to lift rates amid ongoing fuel crisis

Best of Business · Apr 28, 2026 · 5m · transcript

While most of the world will hold interest rates and wait out the energy shock, Australia and New Zealand are set to lift their rates up.

Both nations are looking to bring down inflation, and the ongoing fuel crisis is set to pose additional economic risks.

HSBC Chief Economist Paul Bloxham explained why this is the case.

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