Optimistic bets for rising inflation and a recovery in wages could see interest rate rises brought forward, despite Reserve Bank assurances of no change until 2023.
However, Bank of Queensland chief economist Peter Munckton says RBA governor Philip Lowe will want inflation persistently in the two to three percent target zone and wages at or above three percent before pulling the rate rise trigger.
ABC's Peter Ryan says good news about the rebounding economy could be bad news for people who have borrowed heavily to buy into the hot real estate market.
Here's my analysis from RN Breakfast
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