For the first time since November 2010, the Reserve Bank of Australia has raised its official cash rate by 0.25%, taking it to 0.35% and signalling more rate hikes are ahead.

So what could the cash rate look like by the end of 2022? How far will the central bank need to go to cool inflation? And what impact will rate hikes have on the nation's economic recovery?

AMP Chief Economist Dr Shane Oliver is back to break it all down in his latest Oliver's Insights, part of AMP's Simplifying Investing podcast series.

Important information:
This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 3 May 2022. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.

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