The market is really starting to “lose its patience” and the RBA might be starting to lose it as well, according to Judo Bank economic advisor Warren Hogan.
“We’re going to get all these price rises on the 1st of July and we may not get that four per cent inflation result for this current year, the current forecast,” he told Sky News Business Editor Ross Greenwood.
“We’re really opening the door here for an interest rate in Australia that’s got to match what we’re seeing in the United States and New Zealand.”
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