Bell Direct Analyst Grady Wulff says the Reserve Bank of Australia (RBA) must continue to increase interest rates in response to the country’s escalating inflation.
Bell Direct Analyst Grady Wulff says the Reserve Bank of Australia must continue to increase interest rates in response to the country’s escalating inflation.
“We’ve got a rental crisis, a housing crisis , international borders reopening, and a lot of expats moving home,” Ms Wulff told Sky News Australia.“The RBA continues to need to raise interest rates because we have an inflation level of 7 per cent which is way above the target range of two to 3 per cent.”
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