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Judo Bank’s Warren Hogan says high inflation numbers could force more than one rate hike

Pelican Press

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Judo Bank’s Warren Hogan says high inflation numbers could force more than one rate hike

A higher-than-expected lift in prices in Wednesday’s inflation data could spark the Reserve Bank to “raise rates a few more times yet”, an economist has declared.

Markets are largely holding their nerve about the chances of an August rate hike but recent forecasts suggest prices will likely increase faster than the RBA had previously thought.



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