Marker 02

Luke is joined by economist Warren Hogan, who expects the RBA board to discuss a 50bp rate hike at its meeting today. 

'The balance of risks to the RBA’s monetary policy has shifted significantly since the board last met in December. It is no longer a case of whether they have to go another 25bp or 50bp – it looks like the cash rate will need to rise by somewhere between 100bp and 150bp before this cycle is done.'

'If the board thinks rates need to get up towards 4 per cent in early 2023, then it should get on with it and increase the cash rate to at least 3.5 per cent this week', writes Mr Hogan.

Luke is joined by economist Warren Hogan, who expects the RBA board to discuss a 50bp rate hike at its meeting today. 
'The balance of risks to the RBA’s monetary policy has shifted significantly since the board last met in December. It is no longer a case of whether they have to go another 25bp or 50bp – it looks like the cash rate will need to rise by somewhere between 100bp and 150bp before this cycle is done.'
'If the board thinks rates need to get up towards 4 per cent in early 2023, then it should get on with it and increase the cash rate to at least 3.5 per cent this week', writes Mr Hogan.

Australia Overnight with Mike Jeffreys, 12am – 4am weekdays.

Wake Up Australia, 4am - 9:30am weekdays.

Australia Overnight with Mike Jeffreys, 12am – 4am weekdays.
Wake Up Australia, 4am - 9:30am weekdays.

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