Don't rule out a 13th interest rate hike with inflation remaining hot, warns economist Warren Hogan episode artwork

EPISODE · Apr 24, 2024 · 5 MIN

Don't rule out a 13th interest rate hike with inflation remaining hot, warns economist Warren Hogan

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

The 13th interest rate hike since May 2022 is looming as a real possibility after evidence that inflation remains entrenched in Australia's economy. That hotter-than-expected inflation is now pushing out hopes for a long-awaited interest rate cut to early next year .. with a warning the Reserve Bank might need to risk a recession to tame the inflation beast. I speak with Judo Bank economic adviser Warren Hogan.

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Don't rule out a 13th interest rate hike with inflation remaining hot, warns economist Warren Hogan

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