Overnight Update: This video was filmed & produced before the UK’s mini-budget was scrapped. Folks, Ben’s RBA Monthly Update doesn’t get much bigger than this…  The Reserve Bank of Australia has once again lifted interest rates, property market sentiment is shifting fast, and despite all, Australia’s retail spending remains at record high levels.   Tune in now to find out if we have finally broken the 50 basis point hike rate trend as we slowly rise above a neutral cash rate. Meanwhile, on the global scene, the United States’ inflation runs rampant, China battles the impacts of COVID on its economy and global growth has sunk even lower.  This update points to the looming question: Will Australia be pulled into a global recession?  (Psst…Stick around to the end of the video to get access to free resources on how to beat the banks at their own lending game!)   Tune in to hear Ben unpack all this plus these key themes:   What does Governor Lowe mean by “Inflation psychology in the community” and as consumers, what can you do to help stop inflation!!  Interest Rates are going up again, but when will the RBA take a pause on the cash rate, and why?   The crucial downside risks & upside opportunities to Australian property values in the short term    Quick tip! If you’re keen to forecast your cashflows through this period, use the handy MoneySTRETCH feature on our free money management platform, Moorr. Click here to sign up or log in.    Plus, Ben also includes his latest news and commentary on… 👉 Currency Crush: The US Dollar vs. The World 👉 The Eurozone is in for a cold winter… 👉 Unpacking the adjusted global economic growth figures 👉 A dip in retail spending: have we reached the peak? 👉 Digging, Growing & Tourism: The Backbones of Australia’s Economy 👉 Australia’s GDP Data for the June Quarter 👉 CoreLogic September Price Movements 👉 To watch the free bonuses on how you can beat the banks at their own game, click here. And heaps more!   Additional free resources: 🔥 Episode 169 | Alan Oster – NAB’s Group Chief Economist – on Interest-Rate Rise, Tax Cut and The Future of Residential Property 🔥 Episode 389 | Interest Rate Rise: What this means for YOU! – Chat with Evan Lucas 🔥 Episode 390 | Will Interest Rates CRASH the Property Market?! 🔥 Episode 404 | What do Inflation, Interest Rates & Broccoli have to do with Property?!   And One Final Word… If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers. Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, a href="http://makemoneysimpleagain.