The Reserve Bank has lifted rates, and if you’ve got a mortgage, you’ll feel it fast. 

A typical borrower on a $600,000 loan is up around $90 a month for a single hike, and if more follow, the hit multiplies. 

Is inflation really back, or is the Bank overreacting? And what would more hikes do to jobs and house prices?

Guests: 

Michael Pasoe, writes for Michael West Media

Cherelle Murphy, the Oceania Chief Economist for the consultancy firm EY

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Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making headlines and how they might affect you.