This week on the podcast, Rebecca Jones speaks to Bloomberg Economics’ James McIntyre about the outlook for interest rates, how that could be affected by Trump’s tariff war, and what it all means for the housing market.

Australia's central bank on Tuesday cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it also remained cautious on further easing.

The Reserve Bank of Australia lowered its benchmark cash rate by 0.25 percentage point to 3.85%. Government-bond yields dropped and the Australian dollar weakened. “While recent announcements on tariffs have resulted in a rebound in financial market prices,