CBA flags ‘risk’ of RBA hiking rates again this year

Sky News Business Reporter Edward Boyd says CBA’s Head of Australian Economics Gareth Aird has pushed back his interest rate expectations due to inflation being “hotter than expected”.
Commonwealth Bank economists have now pushed back their forecasts for Reserve Bank rate cuts to November this year.
“He does say in his research notes today, Gareth Aird, that there is also a risk that the RBA could lift rates,” Mr Boyd said.
“CBA - they are obviously one of the bigger banks - and their economics team do the numbers very closely.
“Even the possibility of another rate rise.”

[@AnarchistBogan]

Anthony “stagflation” Albanese

[@JB-lx8cw]

Edward Boyd and the Sky presenter laughing at the end of the report when discussing another possible rate rise. Out of touch with many who are doing it tough, including renters will likely see this reflected in an increase to rent. Both the Sky interview and Boyd are so out of touch, its not a laughing matter for many.

[@SilentMetroStalker]

THE BRITISH. ENJOY.

[@docjoei2224]

Been saying this for 4 years - one only has to understand the Barber Boom to know what happens n3xt

[@paulgraham5790]

Labor voters need to give themselves an upper cut.

[@alech120]

that would be great!

[@teatree6228]

Nov when aussie dollar crashes with any rate cut